Total German steel sales in August decreased by 13% from the previous month and by 6.8% year-on-year to 747,487 tons, while steel inventories decreased by 1.1% from the previous month and by 2.7% year-on-year to 1,865,093 tons, according to the department German sales and inventories data from the BDS association (Bundesverband Deutscher Stahlhandel), published on September 22.
According to the data, sales in all categories decreased during the specified period.
In August, sales of long products decreased by 13% month-on-month and by 1% year-on-year. up to 236,714 tons year-on-year. Sales of flat rolled steel fell by 12% month-on-month and by 10% year-on-year to 438,550 tons. Sales of other products also declined, down 17% month-on-month and 4.1% year-on-year to 72,223 tons.
Steel reserves
In August, stocks of long products decreased by 2.1% month-on-month, but increased by 4.7% year-on-year. up to 647,894 tons year-on-year
. Stocks of flat rolled products decreased by 0.1% over the month and by 6% over the year to 1,184,330 tons. Stocks of other steel products decreased by 18% month-on-month and by 13% year-on-year to 32,869 tons.
German steel production continued its sharp decline in August, with crude steel production declining by almost 11% year-on-year to 2.57 million tonnes, and these data highlight the continued difficulties German steel companies face when operating under difficult production conditions that put pressure on profitability and production levels during 2025
The Platts agency, part of S&P Global Commodity Insights, estimated the HRC in Northern Europe at 570 euros per ton, excluding exports to the Ruhr, which is stable today.
Annalisa Villa
spglobal.com
