Crude steel output at German mills in October saw a considerable increase over the corresponding 2023 month, by 15%, to 3.22 million tonnes, according to steel federation WV Stahl.
Notably, year-on year increases occurred at oxygen converter-route mills, by 13%, and electric arc furnace mills, by 19%.
In September, performance between the two remained divergent, with EAF mills’ output up by 26%, while oxygen mills produced 4% less year-on-year.
October production also increased month-on-month, as September’s production was slightly below 3mt, Kallanish notes.
Still, WV Stahl warns that volumes remain altogether low, this year as well as last. EAF mills, especially, kept production down last year due to peaking power prices.
In the year so far including October, crude steel production totalled 31.58mt, which is 5% above the first ten months of 2023.
Christian Koehl Germany
