German Grey Cast Iron prices have shown positive momentum with a x.xx increase in the third week of April xxxx, marking the continuation of an upward trend that began earlier in the month. This latest price movement comes amid strengthening demand from the civil engineering sector and follows a period of stability in the second week of April, suggesting a resilient market despite broader economic uncertainties.
Key Takeaways:
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Grey Cast Iron prices in Germany increased by x.xx during the third week of April
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Civil engineering capacity utilization rose to xx.xx in March from xx.xx in February
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Government infrastructure fund is stimulating demand for construction materials
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Capacity utilization could exceed historical highs of xxx, creating supply pressure
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Domestic scrap market shows fluctuating demand with limited export opportunities
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Material suppliers anticipate continued upward pressure on Grey Cast Iron prices
As Germany creates for a possible economic recovery, the slight increase in the price of...
