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Chemicals, Steel Firms in Europe Squeezed by China, Tariff Woes

Europe’s materials industry emerged as the continent’s biggest underperformer this earnings season. It’s not likely to get better anytime soon.



European chemicals and steel firms are underperforming due to weak demand in China, potential US tariffs, and post-pandemic economic factors. While some companies with US operations may be insulated from tariffs, potential consumer demand impacts and sector-specific vulnerabilities remain. German investment packages could provide some relief for domestic chemical producers.

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