30
Oct
10:31
Eurofer cuts steel demand outlook again, rebound uncertain
Eurofer has again cut its outlook for 2023 apparent steel demand due to persistent tensions created by economic weakness and geopolitical developments. The association expects the rebound to materialise from the fourth quarter and into 2024, but uncertainties remain high.
Apparent steel demand in full-year 2023 is now set to decline 5.3% year-on-year. After the two-digit decline of 11.3% y-o-y in Q1, the negative trend slowed down somewhat. Eurofer expects apparen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous