05
Aug
11:00
EU consumption decline 'unprecedented', says Eurofer
EU real steel consumption will fall at the “…unprecedented rate” of -13.6% on-year in 2020, recovering in 2021 by 9.7%, says European steelmakers’ association Eurofer.
Even after Covid-19 lockdown measures are removed, economic growth and global trade will remain weak until 2021, hampering EU investment. This will be offset partially by continued resilience in construction, whose output will contract less than other sectors.
In the …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous