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Home Steel News European plate and coil demand expected to pick up
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European plate and coil demand expected to pick up

6 Jan 2006 11:34 reported by Hunter

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Orders for coils and plates have decreased in Europe with the New Holidays. Although some urgent and large buyers have accepted a price increase from steel mills, most market users are still buying products at a very low price. However, it is estimated that the consumption of steel in Europe will increase gradually in January. This will make it possible for steel mills to increase the price. In January, it is expected that the export to American will also recover. It is expected that exports to the Far Eastern markets will become very difficult. Consumption from Germany is also expected to rise because of the booming economy. (Jan. 6)

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Metal Price Index

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