28
Jan
16:45
German crude steel output dips again in 2019
Production of crude steel at Germany’s mills in 2019 was 39.667 million tonnes, representing a fall of -6.5% versus 2018, according to federation WV Stahl. 2018 had already seen a year-on-year fall of -2%, it notes.
Output in 2019 therefore was the lowest since 2009, the federation observes. It cites slackening demand from user industries as well as import pressure from the diversion of volumes caused by the US section 232 safeguard policy.
The y-o-y declin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous