The Performance Of Steel In German And Italy

Practically all sectors have significant structural steel uses. Structural steel is utilized everywhere from industrial equipment to final goods. The short-term prognosis of the European and Italian metal sector remains relatively favorable. After spring months (March to May) the percentage point dropped by approximately half that of the first quarter of this year. Therefore,  we are going to check how’s the performance of steel in German and Italy.

Structural Steel Structures Advantages
Steel is tensile. Steel is tensile. It has a high weight to strength ratio, which implies it has a high strength per unit weight. Thus the steel pieces are tiny and lightweight, unlike other construction materials, no matter how big the total structure is. Steel can be manufactured and produced enormously easily. Sections of steel may be manufactured off-site and assembled onsite on factory floors. This saves time and improves the overall building process efficiency.
Compared to other construction materials, structural steel is comparatively inexpensive.
Trends in main metal indicators in Italy, Europe and the globe
Metal worldwide production in May was at 14.332 million tons, up 2.0 percent (+2.845 million tons) in 2016 over the same month. The metalworks use rate grew from 71.3% in April of previous year to 71.8% in 2017.

Steel performance in German
Worldwide metal mills produced 69,876 million tons between January and May, up 4.7 percent compared to the previous year. Six of the top ten metal-producing countries reported output gains in May. The greatest performances are Brazil with +13.2 to 2,931 billion tons, which is followed by the United States (+0.1 to 6,995 million) and Japan (+0.1 to 8,951 million tons), India (+6.4 to 8,5 billion tonnes), China (+ 1.7 to 72,259 million tons), the USA (+0.1 to 6,995 billion tonnes).

The drop in Germany is -1.4% to 3.801 million tons, -1.5% to 5.953 million tons, -2.7% to 5.665 million tons) in South Korea and in Italy (-4 percent to 2.109 million tons). From the world’s nine macro areas divided by the World Metal Association, the production of seven regions rises by 2.0% compared to April 2016 (14,758 million tonnes), while non-EU countries have increased by 10.3%. (3,558,000,000 tons). Tons), South America’s 10,2% (3 691 million tonnes), Asia’s 10,5% (1 178 million tons), the Middle East’s 0,7% (2597 million tonnes) and Asia’s 2% (98 931 million tonnes) and Oceania’s 12,9%. (492,000 tons).

The CIS fell to 8,363 million tons by 7.1 percent, while North America remained steady at 9,760 million tons. 10 of the 20 metal-producing Member States in the European Union have suffered from an increase in production. Hungary is the leading country (+72.9%, 166,000 tonnes), whereas the UK is the worst (-16.1 percent , 628,000 tons).

Steel performance in Italy

In May 2017, Italy’s metal production fell by 4.1 percent year on year to 2.109 million tonnes. A 90,000 ton reduction in tonnage.

The manufacturing use rate is about 73,8%.
The output amounted to 10,261 million tons between January and May, up 1.5% over the same time in 2016. Federacciai said that in April, long-distance metal production (the newest available data) was 987,000 tons (-8.2%), compared to 4,067 million tons (+4.4%) in the first quarter.

The production of faulty metals was 886 000 tonnes, compared to 3,801 million tons, in the first four months of April (-13,7). (-1.8 percent).

Import

In March 2017, Italy imported 2 609 million tons of metal raw materials and half-finished goods, completed products and pipes, 3.5% less than that of 2016. Almost all categories studied were included, according to Siderweb ISTAT data: raw materials (-9,7%), flak items (-8,1%), long products (-1,6%) and pipes (-46.3 percent ). The only exception is semi-finished products, selling 47.7 percent of tons up to 465,161 tons. EU imports fell by 5.4% to 1.331 million tons, while non-EU imports decreased by 1.5% to 1.277 million tons. Carbon metal has grown 6.7% of Italy’s metal grades, stainless metal has increased 12.4%, and special metal has decreased 19.8%.

In the third month of this year, exit Italy exported 1,749 million tons, up 13.4% in comparison with 2016. All the categories under consideration are growing. There is a significant increase in raw materials with an annual growth of 84.9 percent to 62 417 tons per year. Sales in the EU increased (+ 23.7% to 1,368 billion tons) with respect to material destinations, while sales beyond the EU decreased (-12 percent to 381,057 tons). Quality sales climbed 8.7% to 1.09 billion tons, sales for stainless metals increased 41.9% to 1.17771 tonnes, and sales for specific metals rose by 50.5% to 158.551 tonnes, respectively (the sum of the three was less than the total). Exit).

Asked on July 10, 2021 in Business.
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