06
Jun
15:26
Bureaucracy drives German fabricators away
Production at Germany’s steel fabricators last year dropped by 3.3% compared with 2022, Kallanish hears from their association, WSM. Order intake fell by 2.7%.
The decline in production accelerated throughout the year, with the fourth quarter down 5.9% on-year and down 5.4% on-quarter. However, WSM also points to some alleviation seen in December, which saw output drop only 2.5% on December 2022. It says that some primary processors, such as re-rollers, mana…
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Anonymous
Very good overview of the weekly steel market.
Anonymous