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10 Jul
08:59

European steel distributors see sales grow, stocks reduce

European steel distributors association Eurometal tells Kallanish that European Union (EU) distribution sector sales grew and inventories reduced for both flat and long products in May and over the first five months of 2016. Flat steel service centres saw shipments grow year-on-year by 13% in May itself and by 10% over January-May. Stocks meanwhile, expressed in days of shipments, were at 64 days at the end of May 2016 compared to 66 days in May 2015. EU Mult…
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