European steel service center (SSC) shipments increased by 17.9pc in the EU and the UK from January-April against the same period last year, according to Eurometal data.
The distribution of strip mill products rose by 109pc in April compared to the previous year and by 21.7pc from March 2021.
EU SSC stocks were reported at 63 days of shipment in April, a decline of 56pc from 142 days in the same month last year. Total steel product shipments this April increased by 7.2pc annually and by 38.4pc from the previous month.