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15 Feb
10:11

French engineering firms fear bankruptcy on steel prices

French mechanical engineering association Fédération des Industries Mécaniques (FIM) has warned of the possibility of bankruptcy and closures of some member companies as a consequence of skyrocketing steel prices and slowing deliveries. In an official announcement seen by Kallanish the association denounces the latest price increases and long delivery times for steel products. These are hampering mechanical engineering companies’ ability…
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