According to the report of German Steel Federation, Germany's steel market has shown an elevated movement since the opening of this year.
It is known that Germany is the largest crude steel producer in the EU and also is ranked 7th position worldwide.
The report showed that Germany's rolled steel orders hiked by 4% YoY with production output of 10.98 million tonnes in the Q1 2011.
At the same time, the country's rolled steel shipments surged seemingly to 9.94 million tonnes in the Q1 2011 from 8.89 million tonnes in Q4 2010.
Besides, Germany's domestic market demand has boosted the increase, reaching 7.17 million tonnes in total; however, the export orders down by 6% YoY.
×
