Europe Crude Steel Output Dipped 24%
The top five steel producing countries in the region were Germany, Italy, France, Poland and Spain.
SEATTLE (Scrap Monster): The European crude steel production recorded substantial decline in the month of July this year. The regional steel output totalled 9.817 million tonnes (Mt) during the month, as reported by the World Steel Association (worldsteel). This is lower by 24.4% when matched with the output of 12.989 Mt recorded in the same month a year before.
The top five steel producing countries in the region were Germany, Italy, France, Poland and Spain. The combined production by the above five countries totalled 6.298 Mt, accounting for more than 64% of the total regional output. The leading steel producer in the region was Germany, whose output totalled 2.423 Mt of steel during the month. The German production dropped significantly by 24.7% over the previous year. Italy too reported modest decline in steel output during the month. The Italian production totalled 1.750 Mt, down by 11.2% over the previous year. France, Spain and Poland reported year-on-year decline in production.
The EU-28 crude steel production totalled 78.361 Mt during the initial seven-month period of 2020. Over this period, all countries in the region recorded reduced output. The top three steel producers during this period were Germany, Italy and France.
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