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Production of stainless flats in the EU gradually restored

According to experts of the Danish company «Damstahl», although the main driver of global stainless steel production in 2010 is the Chinese People's Republic, European manufacturers are also showing a good momentum of growth (especially against the background of last year's depressed figures). This year, the EU is expected to increase the production of stainless steel up to about 7.5 million tons. However, as the analysts admit, the prospects for further recovery in demand in the European and world markets, yet remain highly uncertain, as uncertain condition in which abides global demand, eliminates the long-term forecasts.

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