Steel Industry in Germany is 1/4th of the entire EU

reogma|Steel Industry in Germany is 1/4th of the entire EU

In the entire European Union, Germany is the leading steel producer. It is capable of delivering high quality and innovative end product. Out of the total production of steel almost 50 percent is exported to foreign markets. On a global market Germany is ranked at fourth position after China, USA and India.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Steel is an important material used in shipbuilding and car manufacturing, as well as building construction and infrastructure development. In Germany the steel is part of the metal industry where it falls in the ferrous metal category.

There are two types of steel manufactured in Germany which are

  • Electric based- It uses high current electric arcs to melt the steel scrap and convert the liquid steel of a specified chemical composition and temperature. It provides a better thermal control in which alloy additions can be made easily.
  • Oxygen based- It is also known a Basic oxygen process which uses the pure oxygen to convert a charge of liquid blast furnace iron and scrap into steel. The pure oxygen at high flow rate results in fast oxidation of elements allowing the iron to convert within 20 minutes

At present the steel market in Germany is experiencing robust growth. The steel sectors value added growth was 2.2% in 2016, 2.1% in 2017 but is expected to be only 0.4% in 2018. The figure has decreased drastically in past three years.

However the contribution of this sector to the nation's economy is commendable as it accounts a total 2.3% and the cumulative growth in past 3 years is 2.9%. Despite, other countries are taking a lead in the global setting, the steel produced in Germany has a high export orientation which is likely to keep the entire industry stable in long term.

reogma|Steel Industry in Germany is 1/4th of the entire EU


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In the entire European Union, Germany is the leading steel producer. It is capable of delivering high quality and innovative end product. Out of the total production of steel almost 50 percent is exported to foreign markets. On a global market Germany is ranked at fourth position after China, USA […]
reogma|Steel Industry in Germany is 1/4th of the entire EUreogma|Steel Industry in Germany is 1/4th of the entire EU

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