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10 May
20:37

Metallus notes some softer demand but stable Q2

Metallus is detecting slightly weak demand in some of its customer segments but expects little change in total shipments and base prices in the current quarter, Kallanish discovers from the company's first-quarter earnings report. “From an end market perspective, we anticipate second-quarter auto and industrial shipments to remain relative steady, with continued softness in distribution and energy demand,” Kris Westbrooks, executive vice president …
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