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02 Nov
12:15

Favourable EAF costs offset weaker auto demand: Cognor

The favourable cost position of electric arc furnace mills versus their blast furnace-based counterparts will continue in the fourth quarter, partly offsetting reduced demand, says Polish steelmaker Cognor. The demand reduction will be noticeable particularly from the automotive sector. Following a stabilisation in Q3, the Covid-19 crisis is again gaining momentum. Due to rising new infections, including among its own workers, Cognor has reimposed restrictions on …
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