25
Jan
11:29
German 2023 output hits ‘historic low’: steelmakers’ federation
Crude steel production by German mills last year totalled 35.44 million tonnes, some 4% lower than in 2022, Kallanish hears from steel federation WV Stahl. The trend lasted into the fourth quarter, which was 5% down on Q4 2022.
The federation calls the annual figure a “historic low”, drawing a comparison with output in the financial crisis year of 2009, which was even lower. However, back then, the international economy was shaken by a sudden crisis, a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous