Germany

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

Investments in the first place amounted to almost €20 million

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

The company plans to repair and maintain the unit

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

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

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

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

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

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

Energy-intensive companies will be able to receive compensation for part of the fuel costs

The export of raw materials from the country decreased by 14% in annual terms in 5 months