Home / Metal News / Steel & Iron Ore / German Steel League: crude steel output in June was 2.48 million tons, down 27.3% from the same period last year.
German Steel League: crude steel output in June was 2.48 million tons, down 27.3% from the same period last year.
Jul 21,2020 08:40CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 21: German steel mills produced 2.48 million tons of crude steel in June, down 27.3 percent from 3.4 million tons in June 2019, the German Iron and Steel Federation (WV Stahl) said recently.

Production in Germany, Europe's largest steel producer, fell for the sixth month in a row, the third month in a row.

German blast furnace crude steel production fell 35.8 per cent to 1.53 million tons in June from a year earlier, while electric arc furnace crude steel production fell 7.3 per cent to 941000 tons from a year earlier.

German crude steel production fell 26 per cent in the second quarter from a year earlier, compared with a decline of 6 per cent in the first quarter. Crude steel production in the first half of 2020 was 17.46 million tons, down 15.7% from the same period last year.

Pig iron production fell 34.5 per cent to 1.45 million tons in the second quarter compared with the same period last year, and total output in the first half reached 10.9 million tons, down 18.2 per cent from the same period last year, according to the data.

Despite the slow rise in steel prices in northwestern Europe, capacity cuts by German steelmakers continue as industrial production resumes. Production is expected to be further curtailed during the summer vacation as the steel mills will carry out routine maintenance work, coupled with weak demand and extended shutdowns.

Scan the QR code and join the SMM metal communication group.

Crude steel
Germany

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news