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05 Jul
12:20

CMC Poland foresees continued uncertainty amid construction slowdown

CMC expects its Polish unit’s results in the fourth fiscal quarter through August to be unchanged from the May quarter, reflecting continued economic uncertainty. This comes after European end-user market conditions softened in the last quarter. Polish construction activity decelerated and industrial production across Central Europe remained muted. CMC Poland’s steel shipments fell 10% on-year in the May quarter, not a bad result considering …
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