Shipments and stocks of EU Distribution in 2020

In 2020, shipments of EU SSC dropped by -10,9%. In same period shipments of EU multi-product & proximity steel stockholding distribution were down by -8,5%. EUROMETAL’s market monitoring system is tracking EU27+UK steel distribution shipments and stocks for its two main business segments:

• Flat SSC Distribution
  • Multi-Product & Proximity Steel Stockholding Distribution

EU Flat SSC Distribution

In 2020, shipments of EU SSC did fall  by -10,9% in a year-on-year comparison. In December of 2020 compared to December 2019, Strip Mill Products shipments did rise by 8,8%, year-on-year, compared with 8,9% for the month of November. When expressed in days of shipments, stocks at EU SSC reached 91 days in December 2020, compared to 114 days in December 2019.

For December 2020, the index of stock volumes did drop and noted at index 100, to be compared with index 102 in December 2019 (average 2015 = index 100).

EU Multi-Product & Proximity Steel Stockholding Distribution

In 2020, EU Multi-Product & Proximity Steel Stockholding Distribution registered lower shipments for all products of its portfolio. As a matter of fact, during 2020, total shipments dropped by -8,5 %, year-on-year. December of 2020 compared to December 2019, “Total Steel Products” shipments increased, year-on-year by 13,5%. All products noted a positive trend.

Stock volumes index of EU Multi-Product & Proximity Steel Stockholding Distribution registered at 83 in December 2020, to be compared to an higher index of 88 one year before (average 2015 =Index 100). When expressed in days of shipments, stock volumes levelled in December 2020 at 96 days of shipments, compared to 117 days in December 2019.

Source and graphic: Eurometal