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German steel production expected to rise by 1% in 2015
Source:Xinsteel   Date:2015-04-22

In April 13, the German Steel Association noted that since like ThyssenKrupp and Salzgitter such steelmakers benefit from a weak euro and the automotive industry to increase demand for steel, in the coming months, the steel production of Germany will increase.

Chairman of German Steel Association, HansJuergenKerkhoff noted that steel production in the first quarter decreased by 2% in Germany, but Germany's steel production is expected to grow by 1% this year, reaching 43.3 million tons. Due to cheap steel imports surge in recent years EU has lost a lot of market share.

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