• SMU new site announcement banner
  • Skip to main content

    Economy

    EUROFER Expects Moderate Growth in 2017

    Written by Sandy Williams


    EUROFER, the European Steel Association, recently released its Economic and Steel Market Outlook report for 2017-2018. The Association is expecting steel demand to continue its recovery in 2017 and 2018 but is concerned about the rise of unfairly traded imports.

    Apparent steel consumption stabilized in the second half of 2016 after rising 3 percent year over year in the first half. For the entirety of 2016, steel consumption rose by 1.8 percent.

    Latest in Economy