The German steel industry experienced a downturn in sales during May, with a reported 8.9% month-on-month decrease. The total sales volume for steel products in the distribution and stockholding sector amounted to 770,914 metric tons. This decline is attributed to the ongoing economic slowdown, which has dampened demand across various sectors. Flat product sales saw a 6.5% year-on-year drop, while long products sales slightly decreased by 0.3%. Despite these challenges, sales of other steel products saw a marginal increase of 2.2% compared to the previous year. The industry is closely monitoring the situation, hoping for a rebound in the coming months.