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Europe's crude steel drops marginally in Jan 2015

iconFeb 25, 2015 11:43
Source:SMM
According to the recent data published by the World Steel Association (World steel), the crude steel production by EU-28 countries slipped marginally by 1.1%

Author: Paul Ploumis24 Feb 2015 Last updated at 04:11:47 GMT

CANTERBURY (Scrap Monster): According to the recent data published by the World Steel Association (World steel), the crude steel production by EU-28 countries slipped marginally by 1.1% during the month of Jan ‘15 year-on-year.

The highest output during December was achieved by Germany. Germany produced 3.685 Million tonnes during the month, which is marginally higher by 0.5% when compared with the country’s output of 3.668 Million tonnes during January 2014.

The lowest output was by Croatia. The country’s crude steel output dropped by more than 50% to 10,000 tonnes when compared with the output of 22,000 tonnes recorded during Jan ‘14. On a year-on-year basis, Croatia recorded the biggest decline in production.

Austria, Bulgaria, Czech Republic, Finland, Germany, Hungary, Poland, Slovakia, Spain, Sweden and the other EU-28 region recorded increased year-on-year crude steel production. Hungary recorded the highest growth in crude steel output in Jan ‘15, rising by 56.3% when matched with the previous year.

The following table provides the crude steel output for the month Jan ‘15 in comparison with those during 2014.

 

Country

Jan 2015

Jan 2014

% Change

Austria

687

681

+0.8

Belgium

680

693

-1.8

Bulgaria

50

49

+2.7

Croatia

10

22

-53.7

Czech Republic

488

458

+6.6

Finland

334

330

+1.3

France

1,306

1,461

-10.6

Germany

3,685

3,668

+0.5

Greece

80

90

-11.1

Hungary

125

80

+56.3

Italy

1,880

2,120

-11.3

Luxembourg

160

184

-13.3

Netherlands

598

613

-2.5

Poland

740

721

+2.7

Slovakia

427

393

+8.7

Slovenia

40

54

-25.6

Spain

1,253

1,121

+11.8

Sweden

426

387

+9.9

United Kingdom

1,068

1,078

-1.0

Other EU

410

405

+1.2

Note: Output in thousands of tonnes

 

crude steel output
steel production
worldsteel
Jan 2015
steel export
global steel
europe

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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