Steel and iron production plummets to below 50 percent

Steel Iron Production Plummets 50 Percent - Politics, Business, Civil, History - Posted: 12th May, 2009 - 2:04pm

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German Business - German business news throughout the day from The Local
Post Date: 12th May, 2009 - 11:10am / Post ID: #

Steel and iron production plummets to below 50 percent

Steel and iron production plummets to below 50 percent
Attached Image Local German Business News In English

German steel and iron industry production reached a record low point in April, the Federal Statistics Office (Destatis) reported on Monday.
Source: The Local: Money

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Post Date: 12th May, 2009 - 2:04pm / Post ID: #

Steel and iron production plummets to below 50 percent
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percent to plummets production iron Steel

With the economy as it is there is less and less businesses and private contractors who are starting to build new buildings. This leads to less and less steel and iron from being needed. Thus you have no new orders to fill so production is cut way back.



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