Europe steel output likely to cut coke usage: Eurofer

摘要

The European steel industry may not see a return to prefinancial crisis output from blast furnaces anytime soon as China’s steel imports bite, putting pressure on coke demand as use of alternatives grows, Eurofer said Tuesday. Eurofer’s longer-term forecasts do not see basic oxygen furnaces regaining further market share from electric arc furnaces and steel output from the integrated mills is unlikely to exceed levels before 2008, at least this decade, said Jeroen Vermeij, director of market analysis at Eurofer.