EU distribution shipments fall in first quarter
 EUROMETALLatest Updates

EU distribution shipments fall in first quarter

Published: 08 May 2018

Shipments from both steel service centres (SSC) and multi-products distributors moved downwards compared with last year in the first quarter of 2018, Kallanish learns from the latest data issued by European distributors’ association EUROMETAL. Flat steel service centres saw shipments decrease by -1.9% year-on-year in Q1 2018.  When expressed in days of shipments, stocks at EU SSC averaged in March

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Remaining parts of Remag sold off to Steel Mont

Published: 07 May 2018

All operative parts of insolvent German steel distributor Remag have been sold now as the remaining parts – the distribution units in Nuremberg and Soest – have been taken over by Anaj Trade, a sister company of Indian trading house Steel Mont. Florian Dausend, managing partner at Cornelius Treuhand, the company managing the sale of

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German stockists looking to destock in May: survey

Published: 04 May 2018

German buyers are looking to stay in waiting mode as the latest monthly S&P Global Platts steel sentiment survey showed the index for inventories continuing to drop this month. Stockholders and traders indicated they would remain hesitant about booking orders in the coming weeks. The index for that particular sector was at 8.3, indicating the

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Polish distributor sees improved outlook, but 232 threat

Published: 04 May 2018

The outlook for Polish economic growth in 2018 has improved from forecasts made last year, with Gdp now set to rise over 4% this year. Steel consumption, meanwhile, should grow 2-3% and 1.9% in the EU as a whole. However, US 232 steel tariffs look set to change trading patterns, which could have a negative impact

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March German stockholder inventories highest since July 2014

Published: 03 May 2018

March German stock levels reached their highest level since July 2014, according to latest data from German stockholders’ association, BDS. Flat steel products volumes at German stockholders and distributors went up by 3.8% year on year to 1.55 million mt in March, while long products increased by 4.82% on year to 878,000 mt — levels

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