German crude steel output rises in May

In May this year Germany's crude steel output amounted to 4.1 million metric tons, increasing by 1.1 percent year on year, after the year-on-year drop registered in April. Compared to the previous month, the country's crude steel output in May rose 7.9 percent, according to the information provided by the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl). WV Stahl said the steel market continues to be buoyant but a deceleration is expected for the coming months.
 
Meanwhile, in the January-May period of this year Germany's crude steel production reached 19.3 million metric tons, rising by 2.3 percent as compared to the corresponding period of last year.
 
On the other hand, in April this year Germany's total hot rolled steel product output amounted to 3.35 million metric tons, up by 5.3 percent, including 2.27 million metric tons of flat steel products - up 12.2 percent, and 1.08 million metric tons of long steel products - down 6.9 percent, all compared to April 2010.