German Steel Output at 34-Month High

Steel

German crude steel output rose by 1.9% year-on-year to 3.9 Mt in March, the highest level since May 2014, according to WV Stahl, the country’s steel association. Combined with higher production in January and February, March’s increase meant 1q17 steel output was up by 1.8% on the same period last year at 11.0 Mt.