German crude steel output drops sharply in June
2020-07-21 10:08:07 [Print]
German crude steel production decreased by 27.3% YOY to 2.48 million mt in June, German steel federation WV Stahl said on July 20. This marks the third consecutive month of remarkable decreases in output from Europe's largest steel-producing country.
"The negative effects of the COVID-19 crisis on German crude steel production are clear to see," WV Stahl said.
German crude steel production using blast furnaces decreased by 35.8% YOY in June to 1.53 million mt, while production using electric arc furnaces slipped by 7.3% YOY to 941,000 mt.
In Q2 2020, crude steel production dropped 26% YOY, after a 6% drop in Q1. Total crude steel production in H1 of 2020 was 17.46 million mt, 15.7% lower than a year earlier.
Pig iron production plummeted 34.5% YOY in June to 1.45 million mt, taking the H1 total to 10.9 million mt, an 18.2% fall from H1 2019.
In June, hot-rolled steel production dropped 29.7% YOY to 2.1 million mt, taking the H1 total 15.1% lower to 15.2 million mt.
"The negative effects of the COVID-19 crisis on German crude steel production are clear to see," WV Stahl said.
German crude steel production using blast furnaces decreased by 35.8% YOY in June to 1.53 million mt, while production using electric arc furnaces slipped by 7.3% YOY to 941,000 mt.
In Q2 2020, crude steel production dropped 26% YOY, after a 6% drop in Q1. Total crude steel production in H1 of 2020 was 17.46 million mt, 15.7% lower than a year earlier.
Pig iron production plummeted 34.5% YOY in June to 1.45 million mt, taking the H1 total to 10.9 million mt, an 18.2% fall from H1 2019.
In June, hot-rolled steel production dropped 29.7% YOY to 2.1 million mt, taking the H1 total 15.1% lower to 15.2 million mt.
