German crude steel production hikes in Nov
According to the data from the German Steel Federation (WV Stahl), the production of German crude steel totaled around 3.38 million tons in November, hiking by 15% from the previous month while dropping by 1.17% compared to the same month a year ago.
Among them, the output of blast furnace crude steel had a year-on-year increase of 15% to around 2.3 million tons, and that of electric arc furnace crude steel had a year-on-year growth of 14% to 1.1 million tons.
In the first 11 months of this year, German crude steel output dropped by roughly 12% year on year.
