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19 Nov
12:37

Bekaert forecasts some fourth-quarter demand softening

Belgian wire specialist Bekaert forecasts some demand softening in its markets due to fourth-quarter seasonality effects and supply chain disruption, it says in its Q3 financial report monitored by Kallanish. Despite this projection, the steelmaker sees strong sales until the end of the year. In July-September, the company registered strong global demand with the exception of China. However, raw material shortages and freight disruption have contributed to a signi…
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