Archive for October 1st, 2008
Meps reporting further fall in global stainless output
We predict no improvement in world stainless steel production in 2008. Market demand in the European Union held up quite well during the first half of this year. Production cuts are expected in the second period at a similar rate to those put in place during 2007 - leaving the outturn for the full twelve [...]
Posted: October 1st, 2008 under Steel International, Steel News.
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UK manufacturing sees sharp fall
The UK’s manufacturing sector shrank in September at the fastest rate for 17 years, a survey has suggested.
The Chartered Institute of Purchasing and Supply’s purchasing managers’ index fell to 41 last month, its lowest reading since records began in 1992.
Any reading below 50 indicates a contraction. Domestic demand was particularly weak with clients cancelling [...]
Posted: October 1st, 2008 under Manufacturing News.
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