NLMK DanSteel A/S participated in the 2nd Steel Plates Conference Europe
The second specialized meeting for Europe’s steel plate market insiders took its place on March 11, 2016 in Düsseldorf, Germany. The event was organized by Metal Expert - an independent provider of news and analysis about the markets of steel and steelmaking raw materials.
About 15 speakers from industry leaders (ArcelorMittal Europe, JFE Steel America, Inc., Thyssenkrupp Steel Europe AG, SMS Group GmbH etc.) discussed steel plates market opportunities and challenges. NLMK DanSteel A/S was represented by its Sales Director Eugene Sarkits giving a European steel plate market outlook, underlining the necessity of “Meeting customer needs".
Overall, the future of Steel plates market was characterized as follows:
- European countries can get support from decreasing oil and gas prices as well as a European investment plan (EUR 315 billion in 2015-2017) to jump-start economy;
- a decline in power sources costs can affect investments into gas pipeline construction projects, so the market recovery will slow down;
- key suppliers consider switching to niche segments with focus on clients’ specific needs.
Page updated April 4th, 2016