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03 May
15:14

Construction to drag on EU steel-using growth: Eurofer

Continued construction sector recession will be the main drag on European steel-using sector growth in 2024, with metal goods and mechanical engineering also expected to perform badly, according to Eurofer. While construction will continue to benefit somewhat from government housing support and public construction schemes, the impact of these will fade. This is due to a shortage of construction materials, their rising prices, as well as reduced fiscal room for con…
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