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22 May
01:00

Germany's Nordwest Handel enters difficult 2015 after successful 2014

Nordwest Handel, one of Germany’s large steel purchasing cooperatives which bundles activities for approximately 130 associated steel stockholders, says that the 2015 began with a noticeable drop in business. This was attributable to price pressure and overstocking, the company tells Kallanish. The cooperative was happier with business in 2014 and lifted the revenues of its steel segment by 6% to €890 million ($996m), which it says was “&hel…
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