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16 Jul
11:12

Eurometal figures confirm difficulties for steel distribution

The latest Eurometal figures on sales from European steel service centres and multi-products distributors confirm the difficulties faced by the distribution sector. While May saw a slight recovery compared with April, performance continued to be weak. For flat steel service centres (SSC), January-May shipments were down -20.8% year-on-year. In May alone the drop was -38.5% y-o-y, after a drop in April of -51.9% y-o-y. The slowdown in shipments significantly raise…
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