German steel production falls again in February 2023 for 12th month of decline, WV Stahl says

Crude steel output in Germany continued to decline in February 2023 compared with a year earlier, national steel industry association WV Stahl said on Tuesday March 21. But other market sources suggested that substantial output cuts were partly intended to keep the market under control.

German domestic crude steel production totalled 2.994 million tonnes in February, down by 6.9% from 3.215 million tonnes in February 2022, the industry body said. This marked the twelfth consecutive...

Published

Julia Bolotova

March 21, 2023

16:45 GMT

Brussels