In March 2024, crude steel production in Germany jumped to its highest level since October 2021. The dramatic recovery of the German steel industry is thus continuing for the third month in a row. This is confirmed by the latest figures from the German Wirtschaftsvereinigung Stahl.

Since December 2023, crude steel production has increased by 33%, oxygen steel production by more than 15% and the production of hot-rolled products by over 32%. German EAF manufacturers recorded particularly strong growth in the same period. Steel production in electric arc furnaces has more than doubled since December and has also reached the level of the boom year 2021.