European steel market still in uncertainty
It was reported that European producers and traders have resumed activities in the past few weeks but they still struggled because the order volume was about half of normal.
Tommaso Sandrini, president of Assofermet Acciai, said that the order situation in Europe was worrying since the recovery in the automobile manufacturing industry and other steel consumer industries were very slow.
In terms of imports, due to the ongoing review and uncertainty in the anti-dumping case against Turkey, the trade with the EU has been interrupted.
Source: Yieh Corp.