30
Sep
15:39
Danieli foresees declining capacity utilisation
Danieli foresees world steel capacity utilisation declining in the fiscal year through 2020 (FY20) after rising 3 percentage points on-year in FY19 to 81%. The technology supplier says the steel market will remain stable or show a slight drop due to the ongoing negotiations on duties.
The steel market downturn is difficult to quantify because of geo-economic and political tensions, the firm observes. Its order-book stands at €3,099 million ($3,381m) compare…
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Anonymous
Very good overview of the weekly steel market.
Anonymous