26
Jun
12:08
EU funds cushion construction slump, automotive hit: Bloomberg
European steel demand for construction could decline -10% on-year in 2020 but the EU’s €750 million ($842m) recovery fund should cushion coronavirus-driven effects to ensure it does not fall further, according to Bloomberg.
Constriction output fell sharply in March as lockdown measures hit. However, construction companies have maintained strong order books with book-to-build timescales in excess of 12 months. Civil engineering remains the least-affected…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous