Western Europe Stockholding Activity
by Hans Diederichs
The information that comes back to EUROMETAL from its Stockholding Members in Western Europe reports a huge decrease for May 2020 compared to May 2019. Western Europe Volume Deliveries for May 2020 are estimated between 60 % and 65 % (Benelux 68% -72%, France 50%, Germany 78% – 82%, Spain 64% - 68%, UK 38% - 42%).
These data are less dramatic than in April. A slow recovery is expected for June 2020.
Source: EUROMETAL Photo: Fotolia