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Europe's steel industry battles with supply and demand during COVID-19

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Listen: Europe's steel industry battles with supply and demand during COVID-19

Europe is slowly coming out of lockdown and steel mills in Southern Europe can gradually ramp up production again.

The steel market is however still far away from a healthy supply and demand balance - with prices dipping and production cuts remaining in place across most of Europe's steelmakers.

Laura Varriale talks to Annalisa Villa, Viral Shah and Amanda Flint about how the steel industry is reacting to dropping demand and what that means for steel and scrap prices during these unprecedented times.

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