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28 Jun
11:26

Austria’s steel production rebounds slightly in May

Austria’s steelmakers increased crude steel production sequentially in May, according to worldsteel data. Output amounted to 660,000 tonnes, up by 1.4% compared to the previous month but less by 1% on-year, Kallanish notes. In January-May, the country produced 3.14 million tonnes of steel, down 5.2% on-year. In 2022, Austria reduced steel production by 4.7% on-year to 7.51mt. Overall EU output in May fell by 11.2% on-year to 11.6mt. In January-May, E…
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