German steel assn sees 2011 output forecast at risk

Newswire

DUESSELDORF, Germany, Oct 12 (Reuters) - The German steel industry has cast doubt on its forecast for output growth of almost 4 percent this year, saying the cooling business cycle is weighing on orders.

"In the last few weeks the economic prospects have been dampened. The German steel industry is not immune to that," the industry body's president Hans Juergen Kerkhoff said at the world steel conference in Paris in a written statement released for publication on Wednesday.

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