SMR: European stainless steel real demand recovery elusive in 2024

After a double-digit drop in 2023, real demand for stainless steel in Europe is not expected to return to a positive track in 2024. It will only stop the decline in general.

After enduring one of its most challenging years, the European stainless steel industry has entered a period of relative stability in the market. The current year will mark the end of the profound downturn, but traditional sectors utilizing stainless steel show no signs of noticeable demand revival. However, these difficulties could help the industry to accelerate the research of new applications to return to a growth path. Continue Reading? Please click box below!