With the recovery of the European steel industry, European mills estimated that the steel demand would rebound in 2011.
According to the report from EUROFER, in the short term, implementing the tightening policy is not a good way for European steel industry to get rid of the difficulties.
EUROFER said that since the second quarter of 2010, European steel demand has begun to rebound slowly.
EUROFER estimated that the European steel demand would increase slightly this year and rise about 4% to 5% in 2011.
(Source: www.yieh.com )