EU manufacturing weakness dents steel demand - Eurofer
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LONDON (Reuters) - Apparent steel consumption fell by 7.7% year on year in the second quarter of 2019, after a drop of 1.6% in the first quarter, and is likely to remain subdued next year, European steel industry association Eurofer said on Thursday.It blamed ongoing weakness in the European Union's manufacturing sector caused by lower exports and investment and said trade tensions and uncertainty over Britain's departure from the European Union were adding to the downward pressure. Leading..