EU steel consumption set to recover in 2021, Eurofer says

By IM Staff
Published: Monday, 15 February 2021

Demand for steel in the European Union is expected to rebound by 13.3% year on year in 2021 after a 13% slump in 2020, the European steel association Eurofer said last week.

By Julia Bolotova

Steel demand in the region had been on a negative trend through most of 2020, largely due to pressures resulting from Covid-19 pandemic-related restrictions across Europe, the association said. in its quarterly Economic and Steel Market Outlook, published on Wednesday February 10.

Eurofer data in the report only...

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