Record bookings by exhibitors in the first month of registrations for Made in Steel 2019, Southern Europe’s biggest Conference & Exhibition dedicated to the steel industry. In just thirty days just less than 5,000 square metres of exhibition space have been sold, representing 35% of the total available spaces, performance never before equalled in past editions of the event.
So far, the lion’s share of exhibitors that have confirmed their participation in the eighth edition of Made in Steel is made up of Italian companies. Foreign firms for the moment count for 15%, in line with past editions. Bookings have arrived from German, Swiss, British and Turkish firms, confirming the increased interest of exhibitors from Ankara seen in 2017.
As in previous editions, bookings received by 31 October 2018 will enjoy an 8% discount, further encouraging companies’ participation at the Conference & Exhibition.
The trend in Made in Steel registrations only confirms the overall climate of moderate optimism surrounding the steel segment in recent months.
According to estimates by the Research Department of siderweb, the steel community dedicated to news and economic analysis for the steel industry and organizers of Made in Steel, this year will see output by the Italian steel user sectors grow by 2.5% from last year (with construction also returning to growth, +1.5%). This will result in a 1.9% rise in real steel consumption and 2.1% growth in apparent consumption.
The short-term outlook is also positive for the whole European steel industry. Eurofer calculates that real demand for steel in the European Union in 2018 will grow by 2.1%, thanks to strong performance by user industries whose production is set to rise by 2.8% this year, with industrial machinery, household appliances and metal products manufacturing seeing business growth of over 4%. EU apparent demand will be in line with real demand (+2.3%), for a total 162 million tons of steel consumed in Europe, 3 million tons more than in 2017.