9,524.59 TRY BIST 100 BIST 100
4.52 CNY CNY CNY
34.68 EUR EUR EUR
32.56 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.49 TRY Interest Interest
88.76 USD Fossil Oil Fossil Oil
28.28 USD Silver Silver
4.43 USD Copper Copper
117.60 USD Iron Ore Iron Ore
386.00 USD Ship Dismantling Ship Dismantling
2,496.44 TRY Gold (gr) Gold (gr)

Steel sales in Germany increased around 74 percent in January

According to the German steel shareholders' association data, steel sales in Germany reached 807.924 million tonnes, with an increase of approximately 74% in January sales of German steel distributors.

Steel sales in Germany increased around 74 percent in January

According to the German steel shareholders' association data, steel sales in Germany reached 807.924 million tonnes, with an increase of approximately 74% in January sales of German steel distributors.

BDS data indicates that steel sales decreased by 3.4% compared to the whole of 2023, while steel sales increased by 74% in January. It was reported that stocks decreased with the increase in steel sales in January, and distributors avoided restocking due to the recession in the sector.

According to data, flat-rolled steel accounted for 535,192 mt of sales in January, while long-rolled product increased by 42% to 203.901 million tonnes in January.

According to our sources, compared to the 74% increase in January, demand is expected to fall due to the recession in construction and agriculture.

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

Most read news

JSIS pioneers wire rod production, elevating Oman's steel industry

Monday, April 22, 2024

UK has requested an extension of steel safeguard measures

Monday, April 22, 2024

America wants to raise tariffs on Chinese steel and aluminum

Monday, April 22, 2024

Baku conference reveals plans to develop metallurgy in Central Asia

Monday, April 22, 2024

Spanish HRC market started the new week with a decrease!

Monday, April 22, 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