30
Apr
15:09
USS foresees V4 automotive rebound, raises European shipments
US Steel sees car production in the Visegrad Four (V4) countries rising 3.2% on-year in the second quarter to 950,000 units after slumping in Q1, while the EU appliances sector should grow 3.4%.
EU car production is seen rising 6.1% in Q2 to 5.1 million units. EU tinplate consumption is expected to grow 6.2%, driven by reduced imports from Asia and the upcoming summer seasonal increase of demand, US Steel say in a report seen by Kallanish. EU construction output…
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Anonymous
Very good overview of the weekly steel market.
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