Related by context. Frequent words. (Click for all words.) 68 overcapacity 56 Overcapacity 55 oversupply 53 inventory overhang 51 structural impediments 51 Oversupply 50 inventory destocking 50 macro headwinds 50 unprofitability 50 external imbalances 50 macroeconomic imbalances 49 Downside risks 49 cyclical downturn 48 structural imbalances 48 deflationary pressures 48 Inflationary pressure 47 raw material 47 bloated inventories 47 Downward pressure 47 distortionary 47 destocking 47 rigidities 46 autocatalyst 46 Padoan 46 commoditisation 46 recessionary pressures 46 overexpansion 46 grape glut 46 deflationary cycle 45 scrappage incentives 45 cyclical upturn 45 recessionary trends 45 Petercam analyst 45 sovereign creditworthiness 45 rationalisations 45 decarbonisation 45 overinvestment 45 export oriented 45 pricing pressures 45 cyclical downturns 44 truckmakers 44 geopolitical uncertainty 44 overproduction 44 Ferdinand Dudenhoeffer 44 downturn 44 overhang 44 caprolactam 44 incipient recovery 44 Landesbanks 44 inflationary pressure 44 undercapitalised 44 downward pressure 44 stagnation 44 Barcap 44 slowdown 44 lossmaking 44 derisking 43 exerting downward 43 MaterialScience 43 electrolytic aluminum 43 positive newsflow 43 Europeā 43 profitability 43 operational inefficiencies 43 regionâ 43 commoditization 43 Uebber 43 Ekkehard Schulz 43 headwinds 43 inefficiencies 43 liquidity crunch 43 erratic monsoon 43 Papademos 43 Fontenla Novoa 43 ECB Nowotny 43 Mayrhuber 43 profit margins 43 raw materials 43 euroland 43 undersupply 43 geographical diversification 43 deleveraging 43 scrappage schemes 42 inflationary pressures 42 depreciating rupee 42 ferro alloy 42 EUR#bn [001] 42 unsustainably 42 cannibalisation 42 cyclical 42 styrenics 42 turbulences 42 Liikanen 42 unprofitable 42 Currency fluctuations 42 uncompetitive 42 Trevira 42 Mirow 42 rupee depreciation 42 gluts 42 de levering