Date: 2013-08-01

German Steel Industry Association Sees Uncertainty Ahead

The German steel industry is heading into a period of uncertainty due to economic uncertainty, the German steel association known as Wirtschaftsvereinigung Stahl said Tuesday.

MAIN FACTS:
-If the German economy picks up in the second half of the year, steel demand could increase immediately, particularly if steel inventories are low.
-In February, the steel association said the German steel industry isn't expected to see a major recovery until 2014.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

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