09
Feb
08:22
US Steel sees slowing EU auto growth
US Steel foresees automotive production growth in the Visegrad countries – Poland, Czech Republic, Slovakia and Hungary – slowing to 0.2% on-year in 2016 from an impressive 10% last year.
Slovakia-based subsidiary US Steel Kosice (USSK) received good demand last year from carmakers in these four countries, which comprise its “home” market. However, this year growth will slow to 3.31 million units. Total EU car output is forecasted to grow…
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Anonymous
Very good overview of the weekly steel market.
Anonymous