In first 4 months of 2020, shipments of EU SSC dropped by -18,5%. In same period shipments of EU multi-product & proximity steel stockholding distribution were down by -8,7%.
EU Flat SSC Distribution
In first 4 months of 2020, shipments of EU SSC did fall by -18,5% in a year-on-year comparison.
In April of 2020 compared to April 2019, Strip Mill Products shipments did drop by -50,8%, year-on-year, compared with -17,4% for the month of March.
The negative trend in SSC shipments was accompanied by higher SSC stock indices.
When expressed in days of shipments, stocks at EU SSC reached 139 days in April 2020, compared to 76 days in April 2019.
For April 2020, the index of stock volumes did drop and noted at index 106, to be compared with index 117 in April 2019 (average 2015 = index 100).
EU Multi-Product & Proximity Steel Stockholding Distribution
In the first 4 months of 2020, EU Multi-Product & Proximity Steel Stockholding Distribution registered lower shipments for almost all products of its portfolio. Only rebar shipments noted higher.
As a matter of fact, during the first 4 months of 2020, total shipments dropped by -8,7 %, year-on-year.
April of 2020 compared to April 2019, “All Steel Products” shipments decreased, year-on-year by -28,0%.
Stock volumes index of EU Multi-Product & Proximity Steel Stockholding Distribution registered at 88 in April 2020, to be compared to a significantly higher index of 102 one year before (average 2015 =Index 100). When expressed in days of shipments, stock volumes leveled in April 2020 at 94 days of shipments, compared to 80 days in April 2019.
