The latest data issued by European distributors association Eurometal confirms the negative growth trend reported in the segment in September.
After a series of positive months, September shipments of strip mill products from service centres dropped 5.5% year-on-year. Multiproduct distributors saw their shipments decrease by 7% y-o-y.
“All products had a negative trend, except plates, tubular products, stainless steel and other alloy steels,” Eurometal tells Kallanish.
Despite the September downtrend, the figures for the first nine months of 2021 remained positive, with SSC flats shipments up almost 15% y-o-y and stockholders’ shipments up almost 9% y-o-y.
Emanuele Norsa Italy