The EU faces a shortage of 16 million tonnes of steel per year – Stainless Espresso

30 July 2024 – Last week, EUROFER published its Economic and Steel Market Outlook for 2024/2025 (Q2 Report). If you read it without reflection, you might think that the EU steel industry is still struggling. But is that really the case? Or is this just an attempt to conceal the fact that there is now an average shortfall of 16 million tonnes of steel per year? And Japan’s TOPIX share index at a record high. Source