Slow steel recovery predicted
By Mark Watts
Published: Thursday, 08 October 2009
Corus warns European steel demand will not recover to pre-crisis levels until 2014
European steel
demand will not recover to pre-crisis levels until 2014, an
executive at UK-based steel maker Corus Group predicted.
Kees Gerretse, Corus director of supplies and transport,
warned that capacity restarts recently announced by European
steelmakers have more to do with restocking than with
underlying...