11
Aug
15:40
EU stainless market may suffer until 2023
A recovery in the European stainless steel market to levels prior to the Covid-19 pandemic will take significantly longer than many anticipate, says Joost van Kleef, commercial director of stainless scrap merchant group Oryx Stainless.
Although demand for stainless steel has recovered from its lowest levels in March and April, overall European demand is not expected to exceed 70% of pre-pandemic levels. Some leading market analysts forecast that a return to pre-pa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous