EuroBLECH 2024, the 27th International Sheet Metal Working Technology Exhibition, took place in Hanover, Germany. It was focused on technologies of sheet processing: materials, machines and production lines, modern tools and processes for working with metal sheets, and finished products.

This exhibition is one of the leading meeting places for sheet steel producers, representatives of the processing industry and companies that use sheet steel – aerospace, shipbuilding, electronics, engineering technologies, etc.

Given the traditionally high interest in EuroBLECH among Metinvest Group's current and potential customers, the team of the Commercial Directorate of the Company did not passed up this important event. Metinvest Group was represented at the exhibition by its own stand and a strong team of managers from the Commercial Directorate, leading managers of Italian Metinvest Trametal and Ferriera Valseider plants, which are among the leaders in the European structural steel plate market, and sales specialists from Metinvest Group's sales offices in Western Europe.

For Metinvest's delegation, EuroBLECH 2024 was not only a place to present Ukrainian steel, but also an effective platform for establishing new partnerships and strengthening existing ties with customers and suppliers. In particular, representatives of Metinvest's Commercial Directorate discussed with customers the company's project to build a new hot-rolled coil plant in Piombino, Italy, and spoke about opportunities that will allow Metinvest Group to remain highly competitive company in the global market.

The exhibition also provided an opportunity to discuss future trends in the industry. By the way, the general mood of EuroBLECH 2024 participants is somewhat optimistic. They see this year as a transitional year, with no expected profit, but there are already signs of improvement, such as lower energy costs in Europe, lower interest rates, and hopes for changes in the geopolitical situation. So, there are some optimistic expectations about the growth of European producers‘ efficiency and market improvement in 2025.

These forecasts give us hope that by the end of the year we will be able to re-launch the operating capacity of Metinvest Group's Italian Ferriera Valsider. Metinvest Trametal is currently operating at full capacity despite the challenging environment.