Germany

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Industrial production in Germany decreased by 0.7% m/m in November

The indicator decreased for the sixth month in a row

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Salzgitter restarts blast furnace A after 100 days of downtime

During the period of downtime, the company carried out modernization, which required €100 million of investment

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Germany reduced imports of rolled steel from third countries by 51% y/y in October

The export of steel products for the month fell by 3.1% y/y

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Germany named the agency responsible for CBAM

The DEHSt Emissions Trading Authority will be the contact authority for import reports

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Germany produced 2.7 million tons of steel in November

Pig iron production in the country amounted to 1.75 million tons

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Germany will cut the costs of the climate and transformation fund by €12 billion in 2024

On December 13, the country's government agreed on the budget for the next year

home-of-steel.de
Germany’s SHS plans to receive €2.6 billion from the government for green transition

Berlin may soon receive approval from the European Commission to provide aid to the company

steel guru
Industrial production in Germany decreased by 0.4% m/m in October

The indicator has decreased for the fifth month in a row

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Germany reduced electricity production by 20.3% y/y in Q3

Electricity production from renewable sources increased by 8.1% y/y, while traditional electricity production fell by 42.9% y/y

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Germany reduced scrap imports by 22% y/y in January-September

Export of raw materials for 9 months decreased by 3% y/y

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Inflation in Germany slowed down to 3.2% y/y in November

The indicator reached the lowest level since June 2021

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Rolled steel consumption in Germany fell by 12.9% y/y in January-September

In 9 months, the domestic market of the country consumed 21.82 million tons of rolled steel

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