EU-28 Crude Steel Output Dipped by 25%

The European crude steel production reported substantial decline during the month of June this year, very much in line with the fall in global steel production.

The domestic European production totalled 10.156 million tonnes (Mt) during the month, as reported by the World Steel Association (worldsteel). This is slightly lower by 24.6% when matched with the output of 13.469 Mt achieved by the region in the same month a year before. The cumulative steel output from January to June this year too reported decline by approximately 19% over the previous year.

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The top three steel producing countries in the region were Germany, Italy and France. Germany topped the list with total production of 2.475 Mt. The country accounted for more than 24% of the total regional production. However, the country’s output recorded 27% decline from the same month a year before. The Italian production edged lower by approximately 13% from 2.080 Mt in June 2019 to 1.810 Mt in June this year. France’s production totalled 86,300 tonnes, falling sharply by nearly 35% from the prior year.

The EU-28 crude steel production totalled 68.278 Mt in the first six months of the current year. Until June this year, all countries except Bulgaria reported production decline over H1 2019. Germany, Italy and France continued to remain as the leading steel producers in the region.