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20 May
14:15

EU distributor first-quarter shipments drop

Steel service centre (SSC) and multi-product distributor activity in the first quarter confirmed the difficult start to business in 2019, according to the latest Eurometal data monitored by Kallanish. SSC shipments dropped -4.5% year-on-year in Q1, while those from general distributors moved down -3.4% y-o-y. The disappointing figure for SSC was accompanied by a rising trend for stocks, reaching in March this year on average 69 days of shipments, up 5 days co…
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