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The consumption of metal products in Germany in 2014 will grow by three percent

The consumption of metal products in Germany in 2014 will grow by three percent
The German cast iron federation and steel today announced the forecast of steel consumption for 2014. According to the data published on October 8, next year the German economy will increase the consumption of metal products by 3 percent after the expected reduction of 1.6 percent of the expected reduction.

The main impetus for the resumption of demand will be the desire of customers to replenish the reserves of metal rolling in warehouses after a protracted crisis.

The German cast iron federation and steel is represented by leading metallurgical companies in Germany, such as Thyssenkrupp and Salzgitter. In their forecasts, the analysts of the Federation took into account the forecasts of the World Association of Manufacturers of the World Steel Association (WSA) published yesterday.

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