MADE IN STEEL MILAN: EU steel market must ‘relaunch internal demand’

The EU needs to incentivise steel consumption and production to achieve higher capacity utilisation rates, according to Stefano Ferrari, an analyst at Italian steel media organisation Siderweb.

European steel consumption absorbs around 96% of the continent’s steel output, Ferrari said at the 2017 Made in Steel conference in Milan, Italy, on Wednesday May 17. However, domestic EU demand in 2016 was around 30 million tonnes below the pre-financial...

Published

Viral Shah

May 18, 2017

12:35 GMT

Milan