28
Dec
12:36
German steel industry bemoans continuing output drop
The downward trend of German steel production has sustained itself through year-end 2023, the country’s steel federation Wirtschaftsvereinigung (WV) Stahl writes in a review titled “Energy costs and low economy lead to historic production drops.”
For the full year 2023, the federation expects a year-on-year decline of 4%, to around 35.5 million tonnes of crude steel. 2023 would thus be one of the weakest years ever in terms of output.
In particu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous