EU Steel import surge distorts regional market says EUROMETAL

EU Steel import surge distorts regional market says EUROMETAL

The steel market in the European Union has become subject to massive distortion as unprecedented volumes of steel from China enter the market, and they just keep coming. Amongst the ever-growing calls for enforcement of trade measures, it is not enough simply to talk about volumes, but the shift in market share also matters, distributors’ […]

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Distributors must focus on value added pricing, said EUROMETAL

Overcapacity and the lack of focus on pricing is the main problem in the European distribution sector, according to Georges Kirps, managing director of EUROMETAL. Speaking at the 4th annual Platts Steel Supply Chain Conference in Antwerp, Kirps said distribution overcapacity was 25-30% on average in Europe. “There are 5,000 steel distributors in Europe. We […]

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