26
Oct
09:58
Eurofer slashes demand outlook, 2023 deteriorates significantly
Eurofer has slashed its demand outlook for the European steel industry for both this year and next. The association now expects apparent steel demand to contract also in 2023.
According to its latest report issued this week, Eurofer expects apparent steel demand to move down 3.5% year-on-year in 2022 and 1.9% y-o-y in 2023. In August, when the previous report was published, the outlook predicted a drop of 1.7% y-o-y this year, followed by a strong recovery of 5.6%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous