Eurometal: Shipments by EU SSC distribution dropped by 3,1 % in 2018
by David Fleschen
According to Eurometal , in 2018, shipments by EU SSC distribution dropped by -3,1 % , when compared to 2017. Shipments decelerated mainly in the second half of 2018, with mounting uncertainties regarding the perspectives of European automotive industry and related supplier sectors.
In December 2018, the index of stock volumes did note at index 107, to be compared with index 109 in December 2017 (average 2015 = index 100). Prominently, stocks of HDG flats remained on the high side.
In 2018, total shipments did slightly rise by +0,6 % compared to 2017. Positive trends in EU construction industry were supportive to this steel distribution segment.
Stock volumes index of EU Multi-Product & Proximity Steel Stockholding Distribution registered higher at 98 in December 2018, when compared to an index of 96 one year before (average 2015 =Index 100).
Source: Eurometal, photo: fotolia