29
Apr
12:38
German first-quarter crude steel production recovers 2023 loss
Production of crude steel at Germany’s mills from January to March at 9.7 million tonnes was 6% higher than in the first quarter of 2023, according to national steel federation WV Stahl.
While this sounds like a rebound, it comes amid the low demand and looming production cuts reported by so many economic observers. WV Stahl provides no interpretation of the data, other than suggesting that stock-cycle effects could have had an influence, Kallanish note…
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Anonymous
Very good overview of the weekly steel market.
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