26
Aug
16:48
German construction sees first signs of slowdown
The German construction boom saw a slowdown in May, but activity remained on a high level. Still, observers believe that the industry cannot remain immune very much longer from the downtrend in the overall economy.
In May, the latest statistics available, orders were up 8% year-on-year in nominal and 2.3% in real terms, according to association Hauptverband der Deutschen Bauindustrie. But the figures differed quite a bit depending on segment. While residential c…
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Anonymous
Very good overview of the weekly steel market.
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