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23 Oct
14:26

Liberty Ostrava extends production cut on margin squeeze

Liberty Ostrava has extended into the fourth quarter the temporary production cut announced in July at its downstream facilities. This is due to an “…unsustainable price-cost squeeze,” the firm’s spokesperson tells Kallanish. “Prices of steel commodities across regional European markets continue to be volatile, exacerbated by political uncertainty and pressure from the significant ongoing inflow of imports from countries outsi…
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