EU-28 crude steel output witnesses marginal rise in May

By Paul Ploumis 25 Jun 2015 Last updated at 02:32:36 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 were up marginally by 0.7% during the month of May year-on-year.

Germany recorded the highest output during the month of May. The country produced 3.710 Million tonnes during the month, which is lower by 5.4% when compared with the country’s output of 3.923 Million tonnes during May 2014. On a year-on-year basis, Hungary recorded the biggest jump in production. Hungarian crude steel output surged 102.6% in May ’15 over the previous year.

The lowest output was by Croatia. The total crude steel output by Croatia dropped by 21.3% from 19,000 tonnes in May 2014 to 15,000 tonnes in May this year.

Austria, Belgium, Czech Republic, Finland, France, Hungary, Netherlands, Poland, Spain, Sweden, the UK and other EU-28 region recorded increased year-on-year crude steel production. Croatia recorded the biggest decline in crude steel output in May ‘15, falling by 21.3% when compared with the previous year.

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The following table provides cumulative crude steel output for the first five months in 2015 in comparison with those during same period in 2014.