London, 20 November 2013 -- Improving fundamentals in the European steel industry, reflected by slight growth in euro area GDP and in the steel end-user markets, have resulted in a change of outlook to stable from negative for the sector, says Moody's Investors Service in an update on the industry published today. The outlook, which had been negative since October 2011, reflects Moody's view of the fundamental business conditions for the industry over the next 12-18 months.
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