05
May
15:08
Eurofer halves end-use sector output growth forecast
Eurofer has halved its forecast for EU steel-using sectors’ output to 2% on-year growth in 2022. This is the result of the rapid deterioration of the global industrial and economic outlook due to the war in Ukraine, coupled with ongoing and worsening supply chain issues. Output growth will rebound to only 2.3% the following year due to very high uncertainty, likely continuing over the next year.
Domestic appliances will be the biggest drag on growth this yea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous