European Steel and COVID-19

Published 7th July, 2020 by Matthew Moggridge

The outlook for the global economy and major industries has been hugely impacted by the COVID-19 pandemic, which has resulted in the shutdown of major economic activities (mostly manufacturing and automotive) and will almost certainly lead to the worse ever recorded economic recession in Europe, far bigger than that of 2009-2012. The pandemic is already having, in the short-term, a massive impact on jobs and production in the steel sector.

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