EU steel consumption to slow in 2019, imports to remain a threat, Eurofer says

By IM Staff
Published: Monday, 04 February 2019

Slowing EU steel demand, global overcapacity and weaker worldwide demand could become a major threat to European steel market stability.

By Maria Tanatar

The growth in apparent steel consumption in the EU will slow to only 0.5% in 2019, followed by a 1.2% rise in 2020, European steel association Eurofer said on Thursday January 31. 

Europe’s apparent steel consumption was forecast to reach 164 million tonnes in...

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