Archive for March 19th, 2009
EU Steel Report from MEPS
The EU mills continue to curb capacity but many market players question whether the cuts are sufficient. Distributors are still destocking because sales to end-users are so poor that the whole process is taking much longer than anticipated. Credit issues are exacerbating an already dismal demand situation. The producers have held back from making official [...]
Posted: March 19th, 2009 under Steel, Steel Comment, Steel International, Steel News, Steel Prices.
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