Crude steel output by EU-28 countries drop marginally in March

CANTERBURY (Scrap Monster): According to the recent data published by the World Steel Association (World steel), the crude steel production by EU-28 countries dropped slightly by 0.9% during the month of March year-on-year.

Germany recorded the highest output during the month of March. The country produced 3.872 Million tonnes during the month, which is lower by 4.4% when compared with the country’s output of 4.050 Million tonnes during March 2014. On a year-on-year basis, Hungary recorded the biggest jump in production. Hungarian crude steel output surged 121.4% over the previous year.

The lowest output was by Croatia. However, the total crude steel output by Croatia jumped higher significantly by over 45% from 14,000 tonnes in March 2014 to 20,000 tonnes in March this year.

Belgium, Croatia, Finland, France, Hungary, Netherlands, Poland, Slovakia, Sweden and other EU-28 region recorded increased year-on-year crude steel production. Greece recorded the biggest decline in crude steel output in Mar ‘15, falling by 47.6% when compared with the previous year.

The following table provides cumulative crude steel output for the first three months in 2015 in comparison with those during same period in 2014.

Note: Output in thousands of tonnes