Costs the key for Europe steel outlook-Fitch

Newswire

* Non-integrated steel makers face higher raw material costs * Auto, engineering demand healthy, construction weaker * Fitch sees European steel demand up 5-6 pct in 2011 PARIS, March 31 (Reuters) - The performance of European steel makers this year will be shaped by their ability to pass on higher raw material costs and by contrasting growth in the industries they supply, a Fitch analyst said on Thursday. "Possibly the biggest issue for steel producers this year is their ability to ...

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