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31 Aug
10:38

EU distributors continue feeling the pinch in June

Eurometal says activity at European distributors continued to be subdued in June, despite a marginal recovery compared with the low levels registered in May. Steel service centres, for example, saw June activity drop by -16.5% year-on-year. In May the drop was twice as much, at -38.5% y-o-y. In the first six months of the year, however, the numbers indicate activity was down over -20% y-o-y, Kallanish notes. Proximity and multi-products distributors, meanwhile, a…
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