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Steel & Metal
- Germany -

Germany Posts Strongest Output Growth Rate Among Top 10 Steel-Producing Countries

Germany recorded the highest growth rate in crude steel production among the top 10 steel-producing countries in November. According to the latest data from the World Steel Association, Germany’s output increased by 8.6% year-on-year to 2.9 million tonnes.

This significant rise is attributed to the recovery from production cuts implemented in late 2023 to balance supply and demand in the European steel market. Despite the increased output, demand for finished steel products remains sluggish across Europe, with oversupply frequently cited as a hindrance to stronger price rebounds.

Iranian Billet Prices Settle at Around $420

Mexico Factory Activity Weakens in January

Malaysia Probes Steel Dumping Allegations from China, South Korea, Vietnam

Masteel Expects Increased Net Loss for 2024

Ferrexpo Faces $3.8 Billion Lawsuit in Ukraine

Severstal Sustains Investments in Cherepovets Despite Industry Challenges

NW European Plate Market Remains Inert

Global Crude Steel Production Sees Mixed Results in 2025

Steel HRC Prices Inch Upward Across Europe

Blastr Green Steel Secures Partner Finance Round for Finnish Low-Carbon Steel Plant

Slovakia Reduced Steel Production by 11.7% Year-on-Year in 2024

Turkey Increased Steel Exports by 27.6% Year-on-Year in 2024

Finland Reduced Steel Production by 3.8% Year-on-Year in 2024

Danieli QSP-DUE Plant Achieves New Milestone with 145-mm-Thick Slab Cast