metal consumption

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UK government projects use more local steel – UK Steel

The number of companies supplying products for large infrastructure projects is growing

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Construction in the European Union decreased by 1% m/m in January

Compared to January 2023, the indicator increased by 0.1%

kloeckner.com
German Klöckner expects steel demand to grow in 2024

The company relies on improved market conditions and reduced inflationary pressures

reuters.com
Average monthly steel sales in Germany fell by 5% y/y in 2023

Last year, the monthly volume of steel sales never exceeded 1 million tons

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Apparent steel consumption in the EU to grow by 5.6% y/y in 2024 – EUROFER

In 2023, the indicator is expected to decrease by 6.3% y/y

trz.cz
Visible steel consumption in the Czech Republic decreased by 13.7% y/y in January-September

Steel production in the country decreased by 21% y/y in 9 months

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The consumption of rolled steel in Italy fell by 12.1% y/y in January-July

In 7 months, the country's domestic market consumed 14.71 million tons of rolled steel

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The consumption of rolled steel in Germany decreased by 11.9% y/y in January-August

Over 8 months, the domestic market consumed 19.83 million tons of rolled steel

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Global demand for steel in August decreased by 4.5% m/m – Kallanish

The countries of Europe and Southeast Asia were the main restraints of growth

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Bharat in September increased rolled steel consumption by 18% y/y

These indicators are due to high demand from state infrastructure projects

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Visible steel consumption in Italy in 2022 decreased by 4.5% y/y

Last year, Italian steel exports decreased by 8.4% y/y, and imports – by 2.5% y/y

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EU steel distributors significantly reduced inventory levels in the first quarter

The record maximum of reserves was recorded in December 2022

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