Q1 2023 steel demand, price direction unclear, more output cuts needed: Eurometal

The end of 2022 and the beginning of 2023 look blighted with uncertainty due to high energy costs, inflation and a new green deal, participants at the European steel distributors’ association Eurometal Regional Meeting event held in Milan told S&P Global Commodity Insights. Service centers and large distributors were suffering due to margins being squeezed by record high raw materials…

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