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13 Jun
03:23

Demand woes, oversupply challenge EU distributors: panel

Low demand, overcapacity, high production costs, competition from Asia, and the need for end-users to accept paying a premium for green steel were the main topics discussed by supply chain session panellists at the Kallanish Europe Steel Markets 2024 conference in Milan this week. Tata Steel Layde managing director and Eurometal president Fernando Espada said he does not see any drivers for demand in Europe in the next six months. The European Commission’s r…
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