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24 Aug
17:05

German steel output keeps slowing down

Output of crude steel, pig iron and finished products at Germany’s mills in the third quarter so far remains on a downward trend, according to latest figures by steel federation WV Stahl. The crude steel output of 2.43 million tonnes in July was -25% below that of July 2019; the output of the first seven months totalled 19.88 million tonnes, down -17% year-on-year. Kallanish notes that the decline of production remained relatively stable from May to July, wi…
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