French crude steel output plummets in March

French crude steel production plunged year-on-year in March. This follows a hike in January and a decline in February, Kallanish learns from data released by the Federation Française de l’Acier (FFA).

Crude steel output declined by as much as -24.3% y-o-y in March to 813,000 tonnes. This is down from 1,382,000t in March 2019, the association says.

Over the first quarter French crude steel output also fell significantly y-o-y, by -13.7% to 1,114,000 tonnes/month. This is down from 1,291,000 t/month in January-March 2019, FFA says.

Before the coronavirus pandemic, 2019 output dipped by -6.1% on-year to 1,204,000 t/month. This was down from 1,282,000 t/month in 2018, which in turn fell from 1,292,000 t/month in 2017, the FFA says.