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03 Feb
11:43

EU imports fall despite higher longs intake: Eurofer

EU steel imports dropped 17% on-year in the third quarter of 2022, led by a 15% slump in flat product intake, although longs imports inched up 1%, steelmakers’ association Eurofer points out. Finished steel exports fell 9%, driven by a 15% decline in longs shipments, Kallanish notes. In the 11 months through November 2022, finished products imports dropped 5% on-year, with flats down 9% and despite longs rising 10%. Reflecting weaker demand from Q1 2022, imp…
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