“2015 could have been a really good year but for the last quarter,” summarised a supplier of steel sheet packaging in Germany when describing his company’s developments over the past year.
Others expressed their satisfaction over the volumes sold throughout 2015 but not so much with regard to profitability. Occasionally there is also talk of unusually brisk demand towards the end of the year, while some suppliers described it as a difficult year throughout. The German market remained “very competitive,” said respondents.
The majority of interviewed steel drum producers said the first quarter of 2016 had developed positively. Demand had been better than anticipated.