EU flat steel distributor shipments down 38.5% in May

European distributors of flat steel products reported a 38.5% year-on-year drop in shipment volumes in May, Eurometal said on Thursday July 16.

In first five months of 2020, shipments of flat steel products by European steel service centers dropped by 22.8% year on year.
Eurometal does not disclose product volumes.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe was calculated at €405.43 ($462.81) per tonne on July 15, up by €2.43 per tonne from €403.00 per tonne on July 14....

Published

Maria Tanatar

July 16, 2020

10:15 GMT

London