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10 Mar
17:11

German distribution inventories end 2015 at long-time low

Germany’s distributors continued to scale down their inventories at the end of 2015, and ended the year with a volume of 2.1 million tonnes. This is -9% down from the level in December 2014, and the lowest level since 1993, Kallanish hears from steel analyst Michael Broeker. The strongest decline in stocks was reported for flat products, which were reduced by -14% to 1.24m tonnes. Stocks of long products actually rose slightly to around 780,000t, an e…
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