EU-28 crude steel output held steady in August

CANTERBURY (Scrap Monster): According to the recent data published by the World Steel Association (World steel), the crude steel production by EU-28 countries remained essentially flat, rising marginally by 0.1% during the month of August year-on-year. The output by the region totaled 12.150 Million tonnes during the month.

Germany recorded the highest output during the month of August. The country produced 3.432 Million tonnes during the month, which is higher by 10.7% when compared with the country’s output of 3.101 Million tonnes during August 2014. On a year-on-year basis, Croatia recorded the biggest jump in production. The Croatian crude steel output surged higher by 673.4% in August ’15 over the previous year.

The lowest output was by Croatia. However, crude steel output by Croatia soared higher from 1,000 tonnes in August 2014 to 10,000 tonnes in August this year.

Bulgaria, Germany, Greece, Hungary, Italy, Luxembourg, Poland, Slovakia, and other EU-28 region recorded increased year-on-year crude steel production. Sweden recorded the biggest decline in crude steel output during August ‘15, falling by 25.3% when compared with the previous year.

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

Note: Output in thousands of tonnes