German steel distributors’ January sales rise 74% on month
February 21, 2024 Comments Off
German steel distributors’ sales saw a robust rebound in January, reaching 807,924 mt, up 73.7% from the prior month, German steel stockholders’ association BDS reported Feb. 21. The rise in steel sales and ensued destocking have drawn down inventories within the German steel distribution network to under 2.5 months’ worth of sales, from four months previously, according to BDS. Steel…
German steel distributors’ January sales rise 74% on month
German steel distributors’ sales saw a robust rebound in January, reaching 807,924 mt, up 73.7% from the prior month, German steel stockholders’ association BDS reported Feb. 21. The rise in steel sales and ensued destocking have drawn down inventories within the German steel distribution network to under 2.5 months’ worth of sales, from four months previously, according to BDS. Steel…
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