International Steel Mills
February 7, 2015
Steel Imports Concern for EUROFER
Written by Sandy Williams
EUROFER, the European Steel Association, says high levels of steel imports into the European market are “distorting traditional steel trade flows.” Steel imports into the European Union (EU) rose by more than 14 percent.
EU steel use grew hesitantly in the second half of 2014, rising just 3.3 percent in 2014. “Weak business conditions in EU core markets France and Italy and slowing growth in almost all large emerging economies as well as Russian trade sanctions acted as a drag on output growth,” said EUROFER.
