[ German Industrial Output Posts 0.2% Gain in June Aiding Steel Demand ]

Published: Aug 12, 2026 11:00

Save

Provisional data from the Federal Statistical Office revealed that production in Germany's manufacturing sector grew by 0.2% month-on-month in June 2026, driven significantly by a 3.6% expansion in the automotive industry. The consecutive monthly growth offers a modest demand buffer for domestic flat steel producers facing an otherwise stagnant macroeconomic environment. However, industry groups warn that critically low water levels on the Rhine River could throttle supply chains and erase these gains in the third quarter.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

55 mins ago

[SMM Analysis]Another Steel Mill Explosion in India: Why Do Safety Incidents Frequently Occur in India's Steel Industry?

55 mins ago

1 hour ago

[ Philippine Industry Roadmap Targets 21.4 Million Tons of Steel Consumption ]

The Philippine Iron and Steel Institute (PISI) submitted its 2026-2040 industry roadmap to the government's Board of Investments, targeting an increase in domestic apparent steel consumption to 21.4 million metric tons by 2040, up from 9.9 million metric tons in 2024. The strategic plan expects to push finished domestic long steel production to 4.2 million metric tons over the same period, aiming to reduce supply chain gaps and attract foreign capacity investments.

1 hour ago

[ US Raw Steel Production Drops 2.7% to 1.82 Million Tons in Early August ]

According to the American Iron and Steel Institute (AISI), domestic raw steel production for the week ending August 8, 2026, decreased by 2.7% week-on-week to 1.820 million net tons. Consequently, the national capacity utilization rate fell from 81.0% to 78.8%. Despite the weekly dip, adjusted year-to-date US raw steel output stands at 57.330 million net tons, representing a 5.7% increase compared to the same period in 2025.

1 hour ago