Trade Resources Industry Views Germany's Crude Steel Output Increased by 5.7% in November This Year

Germany's Crude Steel Output Increased by 5.7% in November This Year

In November this year, Germany's crude steel output increased by 5.7 percent year on year to 3.66 million metric tons, though it decreased by 2.6 percent compared to October, according to the information provided by the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl). The year-on-year growth in November was just the third increase on year-on-year basis in the last nine months. Also in November, the capacity utilization of German steel producers rose to 86 percent from 84 percent in October.

In the first 11 months of the current year, Germany's crude steel output decreased by 1.1 percent year on year to 39.180 million mt. On the other hand, in the given period Germany's total hot rolled steel product output amounted to 30.758 million metric tons, decreasing by 0.7 percent, including 19.854 million metric tons of flat steel products - down 1.9 percent and 10.90 million metric tons of long steel products - up 1.7 percent, all on-year-on year basis.

Source: http://www.steelorbis.com/steel-news/latest-news/germanys-crude-steel-output-up-57-percent-in-nov-800414.htm
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Germany's Crude Steel Output up 5.7 Percent in Nov
Topics: Metallurgy