22
Apr
10:59
Gestamp lowers 2020 outlook, reduces investments
Gestamp, the Spanish-headquartered supplier of components to the global automotive sector, has cancelled its original 2020 guidance given the current uncertain situation due to the Covid-19 outbreak. The company is “… drastically” reducing its planned investments in 2020 while preserving projects that have been committed with customers, says Gestamp during its latest market presentation on 21 April monitored by Kallanish.
“As a result of t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous