Imports - Eurofer
Imports - Eurofer
Imports - Eurofer
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Investments<br />
Investment expenditures foreseen for 2000 were comparable to those of the preceding two years<br />
and show stability at a relatively high level.<br />
Investments Expenditure (M€)<br />
4500<br />
4250<br />
4000<br />
3750<br />
3500<br />
3751 3746<br />
4202<br />
1996 1997 1998 1999 2000<br />
Source: European Commission<br />
4289 4279<br />
Iron and Steel: Investments Expenditure<br />
Others<br />
4%<br />
Coated Sheet<br />
11%<br />
Miscellaneous<br />
18%<br />
Colled Rolled Sheet<br />
15%<br />
Source: European Commission<br />
Coke Sinter Iron Making<br />
10%<br />
Basic Oxygen Furnace<br />
8%<br />
Electric Arc Furnace<br />
8%<br />
Continuous Casting<br />
9%<br />
Hot Rolled Flat<br />
9%<br />
Hot Rolled Long<br />
8%<br />
Investments concentrated on rolling mills rather than on the earlier stages of production, reflecting<br />
the increasing capacities, particularly in cold rolling and galvanising lines.<br />
As consumption increases, galvanising line capacities are projected to grow by approximately<br />
5 million tonnes by 2004. Investment levels in this area are particularly high at present.<br />
With the improvements of existing facilities, capacities of hot rolled mills are also projected to<br />
increase by over 2 million tonnes up to 2004 with rises in Germany, Belgium and the<br />
Netherlands. Cold rolled capacities will also rise by approximately 2 million tonnes, building on<br />
strongly increased investments in 2000.<br />
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