Nordwest Handel, one of Germany’s major steel purchasing cooperatives, reported an 8% year-on-year increase in steel segment revenue for the first quarter of 2025, reaching €393 million. The growth was driven by higher prices compared to Q1 2024 and an increase in tonnage sold.
Despite weak construction activity, Nordwest expanded import volumes and strengthened partnerships with suppliers. The company remains cautious about the outlook for 2025, citing ongoing challenges in steel distribution due to the construction sector’s struggles.
