After a minor decrease in the second week of April xxxx, steel plate prices in Germany remained stable during the third week. The construction and engineering industries are sending conflicting signals, with civil engineering exhibiting encouraging growth and the larger steel market remaining cautious due to weak overall demand. This price stabilization coincides with these developments.
Key Takeaways:
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Steel Plate prices in Germany showed stability in the third week of April after declining the previous week
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Civil engineering capacity utilization rose to xx.xx in March from xx.xx in February
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The German infrastructure fund is expected to boost Steel Plate demand in coming months
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Sheet metal forming sector maintains negative outlook with xxx of companies forecasting revenue declines
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Limited trading volumes dominate European Steel Plate markets with transactions occurring below producer asking prices
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Industry experts predict potential material shortages as civil engineering approaches historical capacity utilization highs
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