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13/11/2019

Orders for metal forming slow down machine tool descent

The order intake for the German metal forming technology sector in 2019’s third quarter is 15% down versus the prior-year period. National orderings declined by 26%, foreign orders fell by 8%. In the first nine months, they sank by 10%. Domestic orders were down 17% and foreign orders 6%.

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Verein Deutscher Werkzeugmaschinenfabriken e.V. (VDW)

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