German steel federation WV Stahl points out that the stabilisation of national steel production is “not yet in sight” after it recorded in March the third month in a row of double-digit decline.
German crude steel production fell by over 10% on-year in March to 3.1 million tonnes.
First-quarter production of 8.5mt saw a year-on-year decline of 12.5%, Kallanish reads in WV Stahl’s monthly production report.
The decline appears somewhat more pronounced on the oxygen converter route, where Q1 output fell by more than 15% y-o-y, totalling 5.8mt. Electric arc furnace mills, despite some stoppages reported recently, lost only 6.4%, with output at 2.74mt of crude steel.
Christian Koehl Germany
