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10 Jun

Czech consumption, output fall in first quarter

Czech apparent steel consumption dropped to 1.37 million tonnes in the first quarter, down by over 130,000t on-year due to weak demand. This comes amid still high energy prices, the impact of high inflation and the uncertain geopolitical situation, says the Czech and Slovak steel association, Steel Union. Consumption was however up from a multi-year low of 1.23mt in Q4 2023, Kallanish notes. Crude steel output in Q1 plummeted by over 300,000t to 642,000t. Finishe…
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