31
May
13:45
Europe needs investment, level playing field: CMC’s Matt
Europe risks becoming uncompetitive due to overcapacity and lack of investment, CMC president Peter Matt said at the Danieli “Innovaction” Meeting in Udine last week.
Matt believes there is some 700 million tonnes/year of global overcapacity. Although China accounts for a large portion of this, other countries are also contributing. Europe needs to rationalise its output and avoid being invaded by external capacity. The continent needs to create a leve…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous