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Eurometal news release january 2016

In first 11 months of 2015, deliveries of strip mill products to steel end use segments by European flat steel service centers did increase by +6 % when compared to the same period of 2014.

Comparing November 2015 with November 2014, shipments of strip mill products have been growing by +12 %, year-on-year.

On the other hand, shipments by European multi-product & proximity steel stockholding distribution also noted a rather good run in November 2015.

November 2015 shipments increased by +3 % when compared to November 2014.

Despite good sales growth in November 2015, the sales score of the distribution segment Multi-product & Proximity business remains negative when considering first 11 months of 2015.

In the first 11 months of 2015 shipments by this distribution segment were lower by -2 % than during first 11 months of 2014.

Commenting business developments in EU steel distribution, Georges Kirps, Director General EUROMETAL, underlined that stock levels in EU steel distribution are well aligned with business situation and that stock levels have even tended lower in the last months of 2015.



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