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Europe's Steel Industry Cites Oversupply, Slow Economy As Greatest Challenges

Stocks in this article: MHP

"Steel consuming sectors are taking a dual hit – continued poor consumer and business confidence and financial constraints – which together are subduing spending and capital investment," explained Millbank, who reviewed the survey results and will chair the upcoming Platts Steel Markets Europe Conference.

These and other topics will be discussed in depth at the two-day Platts Steel Markets Europe Conference ,  where top executives from the European Commission, World Steel Association, Eurofer, Dillinger Hutte and Essar Steel India and others will present their views on the latest trends and developments in the European steel market. See the full conference agenda for details.

Corporate and industry executives may register to attend the Platts Steel Markets Europe Conference at the general registration link. Accredited media may attend the conference as guests of Platts by pre-registering at this link.

For more information on Platts Steel Markets Europe Conference or metals, visit the Platts website www.platts.com.

About Platts : Founded in 1909,  Platts is a leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets.  Platts' news, pricing, analytics, commentary and  conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency.  Customers in more than 150 countries benefit from Platts' coverage of the  biofuels, carbon emissions, coalelectricityoil,  natural gasmetalsnuclear powerpetrochemical, shipping and sugar markets.  A division of The McGraw-Hill Companies (NYSE: MHP), Platts is headquartered in New York with approximately 900 employees in more than 15 offices worldwide. Additional information is available at  http://www.platts.com .

About The McGraw-Hill Companies: The McGraw-Hill Companies, to be renamed McGraw Hill Financial (subject to shareholder approval), is a powerhouse in credit ratings, benchmarks and analytics for the global capital and commodity markets. Leading brands include: Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts, CRISIL, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Company has approximately 17,000 employees in 27 countries. Additional information is available at www.mcgraw-hill.com.

CONTACT Kathleen Tanzy212-904-2860  Kathleen_tanzy@platts.com

SOURCE Platts

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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