German steel mills reduced steel production in April

In April this year, steel production at German steel mills, which are among the world's ten largest steel producers, decreased to 3.197 million tons, down by 1.3% from the previous month and 3.8% from the same month a year earlier.

Steel production down by 5.9% y-o-y in the first quarter

In the first quarter of this year, Germany's steel production decreased by 5.9% y-o-y to 12.35 million tons, pig iron production by 1.8% to 12.35 million tons and hot rolled steel production by 6.5% to 10.89 million tons.

Pig iron, hot rolled steel and steel smelting rates decreased in April

In April, German steel mills' pig iron production decreased by 3.8% mom and 3.4% yoy to 2.07 million tons, while hot rolled steel production decreased by 8.3% mom and 7.2% yoy to 2.73 million tons, the steel smelting rate at the converters decreased by 1.8% mom and 2.4% yoy to 2.26 million tons, while the steel smelting rate at electric arc furnaces increased by 0.1% mom and decreased by 7.2% yoy to 973 thousand tons.