10,871.48 TRY BIST 100 BIST 100
4.58 CNY CNY CNY
33.02 USD USD USD
35.84 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.28 TRY Interest Interest
82.44 USD Fossil Oil Fossil Oil
27.89 USD Silver Silver
4.13 USD Copper Copper
99.08 USD Iron Ore Iron Ore
382.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,524.70 TRY Gold (gr) Gold (gr)

German manufacturers complain of poor transport structure and slowdown

Germany's steel and metalworking industries look to weakening performance in 2022 and hope that in 2023 national politics will become more friendly towards manufacturing industries.

German manufacturers complain of poor transport structure and slowdown

Manufacturers' output fell 0.3% year-on-year in 2022. Although the fourth quarter was slightly better than the fourth quarter of 2021, the 0.9% increase seems insufficient. Production decreased by 3.4% in the 4th quarter of 2022 compared to the 3rd quarter.

On the other hand, there are complaints about the condition of the infrastructure for transportation. It is said that things are not going smoothly on Germany's routes, with blocked bridges, miserable roads, and poor connections. They add that they urgently need refurbishment and rapid road widening so that companies can be reached smoothly.

It is underlined that an imperfect transport network also jeopardizes climate and sustainability goals. It is said that the desired circular economy comes to a halt when companies are no longer accessible to waste management companies.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

China's export growth leads to a decrease in global steel prices

Friday, July 26, 2024

Arab steel production surges in early 2024 despite mixed monthly performance

Friday, July 26, 2024

Dangote will not enter Nigeria's steel sector

Friday, July 26, 2024

China's scrap market continues to be volatile

Friday, July 26, 2024

Indonesia’s housing initiative boosts steel sector

Friday, July 26, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now