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30 Jan
11:05

Steel demand to grow 1.2% in 2020: Eurofer

Eurofer forecasts that EU apparent steel demand will grow by 1.2% year-on-year in 2020, as a result of a modest re-stocking rather than a rebound in demand from steel-using sectors. Apparent and real steel consumption was under pressure during most of 2019. In its latest economic report, Eurofer says it expects the downturn in 2019 will amount to -3.3% on-year for apparent steel demand and -1.1% for real demand. In the third quarter alone, apparent consumption fel…
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