BRUSSELS, Oct 22 (Reuters) - The European Union steel market remains subdued even after a likely return to growth in the overall EU economy during the third quarter, European steel industry body Eurofer said on Thursday.
"While the economy probably reached a turning point, the EU steel market will remain stuck in slow motion for the time being," Eurofer Director General Gordon Moffat said in a report on the market outlook for 2009 to 2011.
The report showed that, while year-on-year output growth should turn positive again in the second quarter of 2010, it could take until 2011 before a more pronounced rebound in output begins. (Reporting by Philip Blenkinsop; Editing by Dale Hudson)