05
Nov
11:06
EU mechanical engineering output seen stagnating
EU mechanical engineering activity is forecast to decline -0.2% on-year in 2019 and then rebound only 0.2% in 2020, according to European steelmakers’ association Eurofer.
Production activity in the sector fell -0.8% on-year in the second quarter. This was due to the negative impact of slowing capital investment growth in the EU, weaker international trade, slowing global economic growth, protectionist policies and continuing Brexit uncertainty. Western Eu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous