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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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February 2020 | Steel Forecaster


Europe and the CIS regional data focus: 10 February 2020


The steel market in the EU tightened after output cuts and a fall in imports at the end of last year, and European steel mills were able to push through higher prices.

Supply/Demand Fundamentals: Crude steel production in the EU fell by 11.6% year on year in December as a number of mills implemented production cuts. Among the largest steel-producing countries, output fell by 11.7% in Germany, 17.2% in Italy and 18.4% in France. Although end-user demand was subdued at the...

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