German steel enterprises in June 2022 reduced steel production by 7% compared to the same month in 2021, to 3.19 million tons.
German steel association WV Stahl reported about it.
According to the results of January-June, steel production decreased by 5.5% compared to the same period last year – to 19.56 million tons.
The output of German pig iron in June decreased by 7.9% compared to June 2021, to 1.94 million tons. According to the results of 6 months, pig iron decreased by 6%, to 12.24 million tons.
The production of hot-rolled steel decreased by 8% over the month, to 2.78 million tons, and in January-June – by 5.6%, to 17.25 million tons.
The deficit of German trade balance in May was €1 billion. It is the first monthly deficit in more than 30 years since 1991. Over the month, imports increased by 2.7%, to €126.7 billion compared to April, and exports fell by 0.5% – to €125.8 billion.
Germany is one of the top ten steel producers in the world according to World Steel. At the end of 2021, the country increased output of steel by 12.3% compared to 2020 – to 40.1 million tons, taking 8th place in the world rank of producers.
In the fourth quarter of 2024, the European Union increased greenhouse gas emissions by 2.2%…
In February 2025, the new stadium of the Everton Football Club opened in Liverpool, England,…
The economic downturn in Germany and tax breaks are likely to reduce total tax revenues…
Ukrainian industrial company Interpipe has made significant progress in reducing its climate impact. In 2024,…
The negative balance of Ukraine's foreign trade in goods in the first quarter of 2025…
German rebar manufacturer Feralpi Stahl, a subsidiary of Italy's Feralpi Grour, has officially launched a…