21
Nov
15:53
German crude steel production keeps dipping
Crude steel production at German mills kept decreasing in October, when output totalled 3.14 million tonnes, a remarkable 14% lower than in October 2021, according to steel federation WV Stahl.
The drop is related to the curbing or idling of blast furnace activity at ArcelorMittal and Salzgitter, Kallanish notes. Hence, volumes made through the oxygen converter route dipped by 16% year-on-year to 2.12mt, a more pronounced fall than in the preceding months. Absolut…
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Anonymous
Very good overview of the weekly steel market.
Anonymous