October 07, 2008

German February crude steel output down 1.3% YoY

According to Germany’s Federal Statistical Office, German crude steel production in February 2008 was 3.77 million tonnes down by 1.3% YoY, while pig iron output slipped 4.4% YoY to 2.32 million tonnes. On a MoM basis, crude steel production was down 4.7%, while pig iron production eased 2.2%.

It added that adjusted for seasonal and calendar effects, crude steel production fell 8.3% in February from January 2008.