German crude steel production edged up 0.5% year on year to 2.9 million metric tons in August, according to data published Sept. 24 by German steel federation WV Stahl.
However, the volume was down 8.6% month on month, according to the data.
This brought January-August crude steel production from German mills to 25.4 MMt, up 4% year on year.
Of the total August volume, 2.1 million was produced from blast furnaces, down 0.1% year on year, and down 9.1% from July.
This brought the total for the eight-month period to 18 MMt, increasing 2.2% year on year.
According to WV Stahl, German crude steel production from electric arc furnaces in August totaled 734,000 metric tons, up 2.3% year on year but down 7% month on month.
Output from EAFs over January-August also increased 8.6% year on year to 7.4 MMt.
Meanwhile, Germany produced 2 MMt of pig iron in August, up 0.3% year on year, but down 7.4% form the previous month, bringing the eight-month volume to 16.55 MMt, up 2.4% year on year.
Output of hot-rolled steel products in August dropped 3.1% year on year and 9.6% from July to 2.35 MMt, with the January-August volume up 2.6% at 21.7 MMt.
Platts, part of S&P Global Commodity Insights, assessed domestic HRC prices in Northern Europe at Eur555/mt ex-works Ruhr Sept. 23, down 20% since the start of 2024.
