High-Pressure Hose Demand to Benefit From Strong Construction in North America

Production of high-pressure hoses for construction machinery has been strong. Although the overall production volume of high-pressure hoses (new rubber volume) continues to be lower than that of the same month last year, demand for hoses for construction machinery, the main source of demand, remains brisk, backed by the strong North American market. Inventories built up in the market due…

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