9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

Production of crude steel in Germany decreased in January-October

Recent developments in Germany's steel sector have been shaped again by the announcements made by the German Steel Federation (Wirtschaftsvereinigung Stahl).

Production of crude steel in Germany decreased in January-October

Developments in Germany's steel sector have emphasized the changes with the announcements made by the German Steel Industry Federation (Wirtschaftsvereinigung Stahl). According to data for the January-October period, crude steel production in Germany declined by 4.1%.

WV Stahl reported that crude steel production in October 2023 decreased by 8.8% y-o-y to 2.88 million tons, up 4.7% in the first two quarters and 0.4% y-o-y to a total of 19.94 million tons. However, this upward trend declined in the later months of the year.

Moreover, hot-rolled steel production in Germany reached 2.52 million tons in October, up 2.2%. This reflects a total output of 26.07 million tons in the first ten months of the year, up 4.7% compared to the same period last year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

LMM GROUP continues to innovate in global steel production

Thursday, April 3, 2025

EUROFER cautions against overcapacity threatening Europe's steel industry

Thursday, April 3, 2025

German business community calls for economic reform

Thursday, April 3, 2025

Türkiye's iron ore imports decreased by 66.5% in February

Thursday, April 3, 2025

US President Trump announces reciprocal tariffs

Thursday, April 3, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now