Germany increased steel production by 8.4% y/y in March

Pig iron production increased by 3.5% y/y for the month, and rolled steel – by 1% y/y
LESS green steel standard presented in Germany

LESS is a voluntary labeling program open to all steel producers
Thyssenkrupp plans to cut steel capacity by 1.5-2 million tons

The company explains this step by the persistently weak economic condition, as well as the negative prospects of the steel market
Steel demand in Germany will not recover until 2025 – WV Stahl

The association insists on the speedy implementation of the industrial development policy of Germany and the return of the country to the title of an industrial center
Germany has agreed on the details of financing the country’s hydrogen network

The network construction period has been extended until 2037
Germany exported 7.8 million tons of scrap in 2023

The company shipped 1.44 million tons of raw materials to third countries and 6.36 million tons within the EU.
German SHS announces a tender for the supply of 50 thousand tons of green hydrogen

The closed tender is part of Power4Steel's decarbonization project
Germany increased steel production by 4.4% y/y in February

Production of pig iron for the month increased by 6.4% y/y, and rolled steel – by 8.4% y/y
ArcelorMittal plans to introduce a premium for high-quality wire rod

The company told European customers that products made using DRI would be subject to an additional markup
Voestalpine plans to sell German plant Buderus Edelstahl

The company justifies this step by the negative economic conditions for industrial companies in Germany

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