Germany

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ArcelorMittal Hamburg will suspend production twice before the end of the year

Planned shutdowns of the plant will last from October 27 to November 12 and from December 14 to December 31

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Scrap prices in Germany rose in September amid exports to Asia

Market participants hope that export demand will remain in the near future

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German Feralpi Stahl puts into operation a scrap processing plant

Investments in the first place amounted to almost €20 million

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Vallourec is winding down pipe production in Germany

The French company announced the decision to close two German plants in 2022

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ArcelorMittal Bremen to shut down blast furnace №2 in October

The company plans to repair and maintain the unit

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Germany reduced steel output by 4.2% y/y in January-August

Production of pig iron in the country decreased by 0.1% y/y in this period

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German producers call on the government to introduce a transition price for electricity

The country's steelmakers believe that this will be a signal for future investment in the industry

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German steelmakers expect an increase in steel prices in September

The market is counting on the revival of activity after the summer break

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Steel stocks in Germany fell by 11.8% y/y in July

Warehouse stocks of flat rolled products fell by 10.7% y/y, and of graded products by 14.3% y/y

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Germany reduced steel production by 4.6% y/y in January-July

Pig iron production in the country increased by 0.1% y/y in the period

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Germany promises funding for ArcelorMittal’s decarbonization project

The government intends to allocate €2.5 billion as soon as the approval of the European Commission is received

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