German Steel Industry Association Sees Uncertainty Ahead

Resource from: Fox Business Likes:163

May 08,2013

The German steel industry is heading into a period of uncertainty due to economic uncertainty, the German steel association known as Wirtschaftsvereinigung Stahl said Tuesday. MAIN FACTS: -If the German economy picks up in the second half of the year, steel demand could increase immediately, particularly if steel inventories are low. -In February, the steel association said the German steel industry isn't expected to see a major recovery until 2014. -Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

(Fox Business)

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