The production value of basic iron, steel, and ferro-alloys in Germany shows a gradually decreasing trend from 2024 to 2028, starting from 31.4 billion euros in 2024 and declining to 29.74 billion euros in 2028. Compared to previous actual values in 2023, this indicates a consistent year-on-year decrease. The Compound Annual Growth Rate (CAGR) over this five-year period reflects a subtle annual decline, highlighting challenges within the sector.

Future trends to watch for:

Technological advancements in steel production for efficiency and cost reduction.
Changes in environmental policies impacting production processes.
Fluctuations in global demand and steel prices influencing exports.
Potential investments in sustainable and green steel production initiatives.