23
Apr
15:30
Eurometal foresees slow steel distribution recovery from May
Eurometal, the European association for steel distributors and processors, expects that a slow recovery will start in May across the continent. It still predicts 2020 to be the worst year for the sector in the last 60-70 years.
The association notes that for stockholders the drop in demand since the beginning of March has been around -20-60%. A recovery is expected to begin in May, and while orderbooks are not comfortable, they are also not considered poor. &ldquo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous