Crude steel production continues to grow in Europe

Crude steel production continues to grow in Europe

Based on the latest data released by the IISI concerning worldwide crude steel production, European output during the month of April seems to preserve its rising trend. However, the year-on-year data shows that the growth rate has slowed down a bit compared to the first quarter statistics. Total crude steel produced in the EU accounts for a 14 million metric ton in April, with a 2% increase over April 2002 tonnage. The production raised in Germany, France and Italy by has contributed to this result despite the decrease seen in countries such as Belgium, Sweden and the UK by percentages raging between 1-9%. Other European countries have also raised the April 2003 output compared to April 2002 by 6.1% with Turkey contributing to same with 19% growth.