The outlook for steel consumption in the rest of this year is weak.In the distribution sector, conditions in Germany and Spain are reported to be particularly weak, with activity in France faring slightly better in comparison.Seasonal stock replenishment is predicted in the autumn.Despite the expectation that the low point in the current cycle had been reached, prices for steel coil continued to decline in mid/late July, albeit modestly.One of few positives for steel coil demand is the automotive sector.
⚡ News
⚡ News