absorb Archive

EU steel market: RISING IMPORTS ABSORB 25% OF DEMAND IN the second half of 2016

Brussels, 1 February 2017 – EU steel demand is expected to continue to recover in 2017 and 2018. A key concern for the European Steel Association (EUROFER) is the ongoing rise in imports as a result of unfair trade practices. EU steel market Having grown 3% year-on-year in the first half of 2016, the second

EU recovery taking hold – but rising imports may absorb growth in steel demand

Economic data confirm that the recovery in the EU is taking hold, although growth momentum remains rather modest. Relatively robust indicator levels suggest that the recovery may gain traction over the remainder of this year and into 2015 as economic growth steadily becomes more balanced across growth factors. Rising investment will provide the main thrust