Europe’s apparent steel consumption was forecast to reach 164 million tonnes in 2019 and 166 million tonnes in 2020.
These numbers are “less than one-third of the compound annual growth rate of apparent steel consumption over the period 2014-18,” according to Eurofer.
Development of EU steel demand - in combination with global overcapacity, slowing worldwide demand and increasing protectionism - might become a major threat to the stability of the European market.
Although the European Commission (EC) announced its final decision in a safeguard case concerning a...
