06
May
16:38
German construction sector cancels optimistic forecast
Despite good business in the first two months of this year, Germany’s construction industry has lost some of the optimism shown in December, when a nominal growth of 5.5% year-on-year was anticipated for 2020.
“At this point, we are assuming that our industry will only reach the level of 2019 in the full year 2020,” says Dieter Babiel, head of the federation of the German construction industry, Hauptverband. “In view of the increasing numbe…
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Very good overview of the weekly steel market.
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