03
May
17:57
Eurofer sees EU automotive production slowing in 2017-2018
EU automotive production growth is expected to decelerate in 2017 and 2018 on slowing demand growth due to saturation effects, the European steel association Eurofer says in its latest forecast.
EU automotive output, including parts and components, is forecast to rise by 2.8% in 2017 and by 1.6% in 2018, Kallanish learns from the report.
First-quarter automotive output is estimated to have grown by 3.8% on-year.
"As expected, the increase in aut…
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Anonymous
Very good overview of the weekly steel market.
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