03
Aug
09:20
Bekaert forecasts gradual second-half recovery
Belgium-headquartered steel wire specialist Bekaert is projecting a gradual recovery in tire markets in the remainder of the year. However, demand in other markets is more difficult to project in the current economic environment, the company says in its first-half earnings report seen by Kallanish.
The risk of a potential second wave of Covid-19 continues to create a high level of uncertainty, limiting the company’s ability to forecast the full-year impact.
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Anonymous
Very good overview of the weekly steel market.
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