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Image header Agence Europe
Europe Daily Bulletin No. 9332
Contents Publication in full By article 23 / 41
GENERAL NEWS / (eu) eu/industry

Commission satisfied with almost completed restructuring of Czech and Polish steel firms

Brussels, 20/12/2006 (Agence Europe) - Despite the delicate situation in 2005 marked by decreased sales and prices compared to the previous year due to the unprecedented production growth in China and India (which pushed world steel output up by 6% to 1.129 billion tonnes in 2005) and with crude steel production in the EU being 3.2% lower than in 2004, operational benefits of Czech and Polish steel companies remained high and the mills were generally able to reduce their indebtedness and...

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