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Date: 2019-05-24
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Demand for flat products, in northern Europe, varies by country and by end-use. Selling values, in mainland Europe, continued on the downward trend that began last month. In the Nordic countries, while many prices have been maintained, they are expected to decrease, in the near term. Third country offers are, for the most part, unattractive.

Industrial activity is, generally, stronger in Scandinavia than in the rest of Europe, although Norwegian consumption is a little subdued. Demand for hot rolled coil, in Denmark, from the building industry, is fair. The local economy in Sweden is healthy and delivery lead times from the domestic supplier, SSAB, are stretching. Order activity is weak, in Finland, with selling values unchanged, but under negative pressure. In the Netherlands, regional steelmakers are offering discounts, in an effort to compete with imports and secure market share. In Austria, availability is good and delivery lead times are short.

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