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Sandvik is a major provider of high-tech engineering solutions for the mining and construction industries. The group divides its business activities into three segments. The Sandvik Machining Solutions segment focuses on tools and tooling systems for industrial metal cutting. The Sandvik Mining and Rock Technology segment provides mining and rock excavation equipment and tools. The Sandvik Materials Technology segment manufactures advanced stainless steels and special alloy together with industrial heating products. The group is headquartered in Stockholm, Sweden. Founded in 1862, Sandvik entered the Stockholm Stock Exchange in 1901 under the ticker SAND. Browse Capital.com for more info on the Sandvik share price.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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