Germany reduced steel production by 10.1% y/y in April

In April 2025, German steelmakers reduced steel production by 10.1% compared to the same month in 2024, to 2.95 million tons. Compared to the previous month, the figure fell by 5.2%. This is evidenced by data from the German Steel Industry Association WVStahl.

Steel production in oxygen converters amounted to 2 million tons for the month, down 12.6% y/y and 2.7% m/m, and in electric arc furnaces – 946 thousand tons (-4.3% y/y; -10.1% m/m).

Pig iron production in Germany in April decreased by 11.2% compared to April 2024, and by 1.8% compared to March – to 1.86 million tons. Hot-rolled steel production decreased by 8.6% y/y and 10.6% m/m – to 2.49 million tons.

In January-April 2025, the German steel industry reduced steel production by 11.9% y/y – to 11.45 million tons. Oxygen converters produced 7.76 million tons of steel (-14.4% y/y), and electric arc furnaces – 3.69 million tons (-5.9% y/y). Pig iron production for 4 months fell by 14.6% y/y – to 7.18 million tons. Rolled steel production decreased by 10.4% y/y – to 10.13 million tons.

As GMK Center reported earlier, Germany is among the ten largest steel producers in the world according to World Steel. In 2024, the country increased its steel production by 5.2% compared to 2023, to 37.23 million tons. Pig iron production for the year amounted to 24.33 million tons (+2.9% y/y), and hot-rolled steel production amounted to 31.61 million tons (+3% y/y).

Despite the growth in steel production, smelting volumes remained below the 40 million tonne threshold for the third consecutive year, which corresponds to the recession level, WVStahl said.

  • Companies

Metinvest’s Minings paid UAH 1.1 billion in taxes in Q1

Metinvest Group's united mining and processing plants (Minings) – Northern, Central and Ingulets Minings –…

Wednesday May 21, 2025
  • Global Market

Ukraine urgently needs to update trade investigation procedures – conference

Olena Omelchenko, Partner at Ilyashev & Partners Law Firm, moderator of the conference “Trade Wars:…

Wednesday May 21, 2025
  • Global Market

China reduced iron ore production by 12% y/y in January-April

In January-April 2025, Chinese mining companies reduced iron ore production by 12.2% compared to the…

Wednesday May 21, 2025
  • Companies

Vale plans to launch low-grade ore to compete in Asia

Brazilian mining company Vale, one of the world's largest iron ore producers, has announced plans…

Wednesday May 21, 2025
  • Infrastructure

Increase in Ukrainian Railways freight tariffs will lead to a 1.2% decrease in GDP

The initiative of Ukrainian Railways (UZ) to increase freight transportation tariffs by 37% may lead…

Wednesday May 21, 2025
  • Industry

Ukraine increased imports of flat products by 22% y/y in January-April

In January-April 2025, 355.56 thousand tons of flat products were supplied to the Ukrainian market,…

Wednesday May 21, 2025