EU steel demand to fall 3.5% in 2022 as economy worsens: Eurofer
October 31, 2022 Comments Off
Eurofer, the European association of the steel industry, has forecast steel demand in the EU to drop by 3.5% to 145 million mt in 2022, owing to a deeper-than-expected recession caused by the continuing worsening of the EU economy following Russia’s invasion of Ukraine and the energy crisis. Earlier this year, the association had forecast steel demand to drop by…
EU steel demand to fall 3.5% in 2022 as economy worsens: Eurofer
Eurofer, the European association of the steel industry, has forecast steel demand in the EU to drop by 3.5% to 145 million mt in 2022, owing to a deeper-than-expected recession caused by the continuing worsening of the EU economy following Russia’s invasion of Ukraine and the energy crisis. Earlier this year, the association had forecast steel demand to drop by…
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