Growing demand on Czech steel market

Growing demand on Czech steel market.

The Czech market for iron and steel has shrunk during the recession in 2009 by 31 percent to 4.5 million tonnes. This year the field will again increase by 21 percent, as Germany Trade & Invest informs. In the wake of growing demand, imports have increased, and Czech steel industry is also growing again. By the end of 2010, a big decision is expected to be taken: whether ArcelorMittal Ostrava will invest € 200 million in a modern factory.