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06 Jul
20:59

German stockholders see good business in May

Germany’s stockholding distributors in May sold 883,000 tonnes of steel in May, an 8.5% increase year-on-year, Kallanish learns from data gathered by their federation BDS. Compared to April, sales in May fell by -7.4%, which is a normal seasonal decline. Adjusted for the fewer number of working days in May, the difference would be -2.4%. In the first five months of the year, sales totalled 4.56m tonnes, and were 1.6% higher than in the first five months of…
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