Trade Resources Economy The European Crude Stainless Steel Output Decreases Slightly by 1% Year on Year

The European Crude Stainless Steel Output Decreases Slightly by 1% Year on Year

The European crude stainless steel output totaled around 1.4 million tons in the first two months of this year, decreasing slightly by 1% year on year, according to report of the Germany-based steel service center Damstahl.

The combined production in Germany, Sweden and Slovenia totaled around 300,000 tons, in comparison of 400,000 tons in the same period of a year ago. Meanwhile, the report indicated that the European stainless steel market remained depressed. In the first quarter of this year, the demand from end-users and stockiest remained below the level in 2012.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64374&division=A1
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Damstahl: European Stainless Steel Production Decrease Slightly in Jan-Feb
Topics: Metallurgy