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Germany's largest steel producer leaves main industry association ahead of steel summit

Friedrich Merz invited the government and business community to discuss ways to support the industry on November 6.

The main factor behind the slowdown in the overall indicator was the decline in energy prices

ArcelorMittal Zenica and Prijedor were acquired by H&P, a member of the Pavgord Group

During January-September, production decreased by 0.7% y/y

The outlook for the economy remains uncertain

Sweden, Portugal, and the Czech Republic led the recovery

During the period, there has been a significant increase in shipments from Turkey, China, and South Korea

During January-September, the industry's production indicators grew by 2.4% year-on-year

The bulk of deliveries are to the UK and the US

Market players are trying to predict the consequences of this decision

Pig iron, semi-finished steel products and direct reduced iron account for the bulk of the volume