Shipments of EU distributors suffer in Jan-Feb

Steel shipments from European stockholders and distributors suffered significantly in February, according to the latest data published by Eurometal.

Steel service centres for flat products saw their shipments moving down -0.3% y-o-y during the two-month period. In January alone, shipments had increased 4.3% y-o-y, confirming the negative activity registered since February.

Multi-product distributors and stockholders saw their shipments during the Jan-Feb period falling -9.4% y-o-y, Kallanish understands.

“Only merchant bars, rebars, stainless steel and plates had a positive run, registering higher shipments. All other products had a negative run,” Eurometal explained.

Emanuele Norsa Italy