Steel and Iron Production Rising in October

November 6, 2009 · Filed Under Markets

German metallurgical plants produced 2.14 million tonnes of pig iron and 3.45 million tonnes of raw steel in October 2009.

As reported by the Federal Statistical Office (Destatis), they produced 16.8% less pig iron and 11.0% less raw steel than in October 2008. Compared with September 2009, the production of pig iron in October 2009 rose 12.5% and 8.6% for raw steel. The seasonally adjusted figure for raw steel production increased by 3.6%.

In the first ten months of 2009, 15.65 million tons of pig iron and 26.11 tons of raw steel were produced, which is a 38.3% decrease in pig iron production and 34.9% decrease in raw steel production against the same period of last year.