The outlook for steel in 2019-2020 published on Tuesday 7 May by Eurofer, the European association of steel producers, is undermined by the impact of US sanctions on steel and the uncertainty caused by Brexit.
Despite an improving market in 2018 (+3.3%), the association focuses mainly on the negative effects of the increase in steel imports resulting from the tariff sanctions imposed by Washington.
Indicating a "slight" decrease in forecasts compared to 2019, the association points to...