Starting from the beginning of March, market activity decreased across Europe, with members of Eurometal recording a 20-60% drop in trading activity, it said.
“Order books are not comfortable but not so poor. More recent sales forecasts are close to 55-65% of originally budgeted sales plans, which are more optimistic in north-west and north-east Europe versus Southern Europe,” Eurometal said.
A number of European car manufacturers stopped operations...
