Steelmakers’ production cuts are failing to support sales prices in Northern Europe amid weak demand and plentiful supply, according to insight shared in a new MEPS podcast episode.In the latest instalment from MEPS’s Market in Minutes series, steel market analyst Stuart Gray said that producers were attempting to achieve “equilibrium” between supply and demand in the region, but added: “At the moment, we don't find that's working”.The 12-minute “Steelmakers’ cuts fail to support North Europe prices” podcast explores the effect of revised EU import safeguard measures, US import tariffs and governments' attempts to stimulate economic growth on the region's steel prices.