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Economic and market outlook 2018-2019, second quarter
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In 2017 the EU’s steel market performed healthily, supported by a marked improvement in business conditions on both domestic and international markets. Key drivers were investment and exports. While economic fundamentals bode well for further growth in EU steel demand, the increasing threat of protectionism and the potential of retaliatory measures leading to a global trade war is the key risk to an otherwise positive outlook.
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