German crude steel output sinks in May: WV Stahl

摘要

London—German crude steel production dropped 27% year on year to 2.56 million mt in May, German steel federation WV Stahl said June 24. Steel production has been on a downward trend since March because demand is weak. The figures from WV Stahl are even lower than worldsteel's June 22 estimate of an 18.9% drop in May German steel output. Crude steel made using blast furnaces dropped 30.4% to 1.65 million mt, whereas crude steel made at electric arc furnace fell by 19.8% to 916,000 mt.