The EU economy has revived against the backdrop of negative prospects

Despite the blows, the EU economy showed the first signs of revitalization of 0.3 percent of growth in the second quarter. The expectation that arose for several months indicates the inevitable desire of the EU to take a break from the recession. After the revival of the US stock markets and foreign exchange markets around the world, as well as an increase in Chinese demand for steel, such a step for Europe became inevitable.

The European Union has almost sat down due to inaction over the past two years. The complex of economic measures on the part of the ECB and growth in France and Germany, which amounted to 1.1 percent, as well as the expansion of the Portuguese economy, were taken by surprise even analysts.

The performance of the block in the second quarter surpassed the expectations of 35 economists who expected a 0.2 percent growth of a single currency space. However, at present, uneven and bumpy recovery is faced with recordly high unemployment and the need to drag out the same belts in conditions of rigid economy in peripheral countries that need to accelerate market reforms, stimulate economic growth and create new jobs.

The end of the third and beginning of the fourth quarters is cyclic phases that are characterized by traditionally in good demand. At the same time, if the level of stocks is low, then domestic buyers prefer to buy imports, and not metal products of domestic factories, providing the best economic indicators of activity in terms of doing business. At the same time, global steel plants raised products for products in anticipation of increased demand.