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German steel sales rise in Apr m-o-m, y-o-y

24 May 2024 15:50 reported by Iona Chen

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According to the report, German steel sales totaled around 846,000 tons in April, marking a 17.9% and 3.6% increase compared to the same month of last year and last month, respectively. Among them, the sales volume of steel long products and steel flat products reached around 257,000 tons and 514,000 tons, rising by 19.7% and 13% year on year, respectively.

Meanwhile, the total steel inventory increased by 1.8% month on month to about 2.02 million tons. Specifically, the inventory of steel flat products, steel long products, and other steel products increased by 1.6%, 2.3%, and 3.6% from the previous month to about 131,000 tons, 660,000 tons, and 46,000 tons, respectively.

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