04
Feb
10:51
Supply disruptions, energy costs undermine EU recovery: Eurofer
After rebounding strongly in 2021, European steel consumption is expected to grow much slower in 2022 and 2023, by 3.2% and 1.7% respectively on-year, says Eurofer. End-use demand, from the automotive sector in particular, will be seriously impacted at least till mid-2022 by global supply chain issues and soaring energy prices.
EU apparent steel consumption in the third quarter of 2021 rose on-year for the fourth consecutive quarter, by 14.3% to 36 million tonnes,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous