HomeSteelSemi-finished productsSlab Ukraine war may bring mild recession in EU steel, but recovery in 2023, Eurofer says The uncertainties created by the war in Ukraine, the energy crisis, the shortage of raw materials and the continuing global supply chain disruptions may result in a contraction of steel consumption in Europe by 1.9% year-on-year in 2022, according to regional steel association Eurofer. But this would be followed by a 5.1% recovery in 2023, the association said on Thursday May 5 in its economic outlook for the rest of 2022. Due to... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Elina Virchenko May 06, 2022 13:40 GMT Dubai Keywords Eurofer EU steel market forecast 2022 Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}