Steel production in Europe climbed 2.7 percent in May this year

According to the latest data released by the World Steel Association, crude steel production in the EU-28 countries rose 2.7 percent during the month of May on an annualized basis.

The highest steel output in May was achieved by Germany. Germany produced 3.922 million tonnes this month, up 7.3 percent from the country's production of 3.654 million tonnes during May 2013.

Croatia had the lowest steel production yield. However, Croatia's total crude steel production grew 232.2 percent higher than 6,000 tons in May 2013 compared to 20,000 tons in May this year. Since the beginning of the year, Croatia has shown the largest growth in production. France recorded the largest drop in production in May, down 4 percent from 1,424 thousand tons to 1,366 thousand tons.

Countries such as Belgium (+ 5.5 percent), Bulgaria (+21.5 percent), Finland (+3.9 percent), Germany (+ 4.9 percent) recorded improved results in steel production in five months on an annualized basis. ), Greece (+4.0 percent), Hungary (+28.3 percent), Luxembourg (+9.1 percent), Poland (+6.5 percent, Slovenia (+9.7 percent), Sweden (+6 0 percent) and the United Kingdom (+9.7 percent) In five months, the largest drop was in Slovakia to - 2.1 percent and other EU countries to –5.5 percent.