EMEA > EU steel association revises down 2023 outlook on sluggish demand

EU steel association revises down 2023 outlook on sluggish demand

Published 16:19 on July 26, 2023  /  Last updated at 16:19 on July 26, 2023  / Roy Manuell /  EMEA, EU ETS

EU steel association Eurofer has lowered its 2023 consumption forecast for the 27-nation bloc, citing high energy prices, war-related disruptions, and sluggish demand prospects as resulting in a deeper-than-expected 3% recession for the ETS-covered sector, relative to 2022 levels.
EU steel association Eurofer has lowered its 2023 consumption forecast for the 27-nation bloc, citing high energy prices, war-related disruptions, and sluggish demand prospects as resulting in a deeper-than-expected 3% recession for the ETS-covered sector, relative to 2022 levels.


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