01
Nov
13:01
Eurofer revises down automotive outlook, 2023 rebound possible
EU automotive sector output should rebound by 1.1% on-year in 2023, following a projected 1.7% drop this year, provided that war-related disruptions and economic uncertainty ease substantially, says Eurofer. The 2022 forecast has been revised down from the previous 0.5% contraction due to ongoing supply chain disruptions and the war in Ukraine.
Automotive output returned to growth, albeit modest, in the second quarter, following three consecutive quarters of …
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Very good overview of the weekly steel market.
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