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EU steel demand looking bleak in 2019 amid trade tensions and geopolitical uncertainties

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Listen: EU steel demand looking bleak in 2019 amid trade tensions and geopolitical uncertainties

  • Featuring
  • Annalisa Villa    Viral Shah    Len Griffin
  • Commodity
  • Metals
  • Length
  • 08:01

In today's Commodities Focus podcast, steel pricing analysts Len Griffin and Viral Shah speak to lead news editor Annalisa Villa about the European steel market after the World Steel Association released its outlook for 2019, which revises global steel growth significantly upwards, with demand growth driven by China.

Demand outside China is hardly set to increase at all in 2019, due to uncertainties, trade tensions and geopolitical risks. The sharpest year-on-year decline is forecast to be Europe.