EU service centre flat steel sales strengthen
Published: 16 Jan 2017
Shipments of flat products by European service centres increased by some 4% year-on-year in November according to Eurometal, the European Federation of Steel, Tubes and Metal Distribution and Trading.
Macroeconomic data has been increasingly positive in Europe with purchasing managers’ indices suggesting strength in manufacturing and construction. Strength in these steel intensive sectors is now being reflected in sales volumes as well as the rising European steel prices.
For the first 11 months of 2016, service centre shipments were up 1.4% on the same period in 2015. Stock volumes were barely changed on-year at 62 days.
Peter Brennan, PLATTS
Posted in Latest Updates
NEWS
- Thyssenkrupp Materials tackles customers’ Scope 3 emissions March 24, 2023
- Kuusakoski plans carbon-free scrap plant near Outokumpu mill March 24, 2023
- ArcelorMittal Poland readies blast furnace shutdown for maintenance March 24, 2023
- Italian service centres report flats shortage, good demand March 24, 2023
- Italian longs prices stabilise, March volumes low March 24, 2023
- Italian plate prices flatten, outlook positive March 24, 2023
- No change yet in Southern Europe rebar, wire rod prices despite higher scrap costs March 24, 2023
- ArcelorMittal says extent of fire damage at Spain’s Gijon steel plant still to be determined March 24, 2023
- World Feb crude steel production down 1.0% on year on weak economy: worldsteel March 24, 2023
- Stainless Steel World Magazine – March 2023 March 23, 2023
- Spain’s 2022 imports fall but exceed 15-year average March 23, 2023
- Ferrexpo’s EU sales share grows, ore demand recovers March 23, 2023
- Thyssenkrupp resumes Steel spinoff: reports March 23, 2023
- European coil prices to stabilise mid-year: end users March 23, 2023
- Northern Europe rebar price yet to respond to significant scrap gains, wire rod edges up March 23, 2023
- Demand for CRC, HDG in Europe outpaces supply, drives prices up further March 23, 2023
- ArcelorMittal Gijon, Spain blast furnace A halted after fire March 23, 2023
- Klöckner’s largest shareholder secures 30% March 22, 2023
- Benteler secures low-carbon steel from thyssenkrupp March 22, 2023
- Zaporizhstal eyes output increase with blast furnace restart March 22, 2023
- Union criticises UK budget lack of steel support March 22, 2023
- Polish construction grows faster than expected, housing disappoints March 22, 2023
- German steel production falls again in February 2023 for 12th month of decline, WV Stahl says March 22, 2023
- EU new car sales up again in February, ACEA says March 22, 2023
- German distributors’ steel product sales, stocks decline on year in Feb: BDS March 22, 2023
- Economic impact of iron and steel industry of Ukraine 2021-2022 March 21, 2023
- Synergy Tradeco announces participation at the Made in Steel 2023 steel fair March 21, 2023
- Voestalpine upgrades PSI quality control system March 21, 2023
- Italian crude steel output continues to decline March 21, 2023
- Ukraine increases scrap purchases, exports surge March 21, 2023
- Dunaferr restarts hot strip mill March 21, 2023
- HRC producers in Europe maintain high offers despite subdued activity March 21, 2023
- Hungary’s flat steel producer Dunaferr restarts hot strip mill March 21, 2023
- Italian steel market confronts pickled coil shortage March 21, 2023
- EUROMETAL Steel Net Forum Iberia: EU steel production growing slower than GDP March 20, 2023
- German scrap exports hit lowest level since 2009 March 20, 2023
- EUROMETAL Steel Net Forum Iberia 2023 gathers 170 participants in Porto March 20, 2023
- Turkish steel producer Borusan starts talks on acquisition of Europipe US subsidiary March 20, 2023
- EU HRC producers to achieve higher prices March 20, 2023
- Prices remain high in 2023, demand shaky: Moody’s March 20, 2023
- German service centre EMW invests in new warehouse March 20, 2023
- Industry expert flags decoupling of European steel user consumption from production: EUROMETAL event March 20, 2023
- US Steel says European demand has improved March 20, 2023
- European Commission assesses Marcegaglia’s Severstal Distribution acquisition plan March 20, 2023
- Iberian steel stockists expect prices to remain elevated amid ongoing market uncertainty March 20, 2023
- Distributors cautiously positive about 2023 steel price outlook: EUROMETAL forum March 20, 2023
- European sections prices, demand to remain strong: EUROMETAL conference March 20, 2023
- Spanish distributors see challenging scenario in 2023 March 20, 2023
- Iberian distributors embrace ‘new normal’, old concerns persist March 20, 2023
- HBIS Serbia restarts BF, plans summer maintenance: reports March 16, 2023
Menu
Checking...
Ouch! There was a server error.
Retry »
Retry »
Sending message...
Contact Us
Fill in the form below and we will be in touch soon
Latest News
- Thyssenkrupp Materials tackles customers’ Scope 3 emissions
- Kuusakoski plans carbon-free scrap plant near Outokumpu mill
- ArcelorMittal Poland readies blast furnace shutdown for maintenance
- Italian service centres report flats shortage, good demand
- Italian longs prices stabilise, March volumes low
- Italian plate prices flatten, outlook positive
- No change yet in Southern Europe rebar, wire rod prices despite higher scrap costs
- ArcelorMittal says extent of fire damage at Spain’s Gijon steel plant still to be determined