European distributors boost shipments in H1
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European distributors boost shipments in H1

Published: 03 Aug 2016

Shipments from steel service centres (SSC) and general steel distributors in Europe rose during the first six months of the year thanks to the boost registered in Q2, according to the data published by EUROMETAL, the European association for stockholders and distributors. SSC saw their shipments recovering by 4% year-on-year during H1, thanks to the

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Knauf Interfer shuts down Dortmund stockholding site

Published: 28 Jul 2016

Knauf Interfer, one of Germany’s biggest mill-independent steel distributors, is to close its stockholding site in Dortmund with “immediate effect”, the firm’s spokesperson told Platts on Tuesday. “The closure results from economic reasons,” said the spokesperson, adding that the Knauf Interfer’s management board decided to close the business in late June. The depot offers processing

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Traders blast latest EU dumping case

Published: 18 Jul 2016

Members of the European steel trading community were angered by the initiation of an anti-dumping investigation into imports of hot rolled coil from five countries with one warning that the current direction of travel will see the market develop into a mill-led monopoly. For over a year the European Commission has been under huge pressure

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Positive 2016 start for SSC and distributors: Eurometal

Published: 18 Jul 2016

The first five months of the year showed a significant recovery in shipments for multi-product stockholding distributors and flat steel service centres, according to European association Eurometal. EU flat SSC shipments recovered 10% year-on-year during the Jan-May period, with May marking a 13% y-o-y recovery compared with the same month in 2015. Multi-product distributors on

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German stocks reach 2015 level in May, sales up

Published: 15 Jul 2016

Inventories at German steel stockholders have reached just over last year’s level at 2.4 million metric tons in May (up 0.6% year-on-year), after being below 2015 levels all year, according to latest figures from the stockholders’ association Bundesverband Deutscher Stahlhandel (BDS), which show a continuing uptick in restocking activity since January. Whereas long products stocks

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