New Market Study Published: Belgium Metals Report Q2 2014
In Q214 we are sticking with our full-year production forecasts for Belgium's steel sector. An up-tick in Belgium's economic growth in 2014 is unlikely to filter down into the country's steel sector with the industry continuing to be hit by overcapacity coupled with sluggish demand deriving, in part, from weak growth across the region's automotive sector. The country's largest producer continues to downsize its Belgium operations, in favour of channelling investment to neighbouring regions, such as France.
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