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Soaring steel prices add to inflation worries

Date

10 Jul 2008

Sections

Trade & Society
Competition

European steel producers seem determined to squeeze the European lemon, announcing additional massive price increases that further threaten the competitiveness of the European steel processing industry and the whole supply chain including metal transformation, machine building, shipbuilding and manufacturing of marine equipment, car suppliers and household producers, inevitably leading to higher prices.

 

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