The turnover per employee in Germany's basic iron, steel, and ferro-alloys sector is forecasted to decrease slightly from 2024 through to 2028, starting at 437.5 thousand euros in 2024 to 432.6 thousand euros by 2028. This represents a steady year-on-year decline, averaging a modest decrease of approximately 0.3% annually over this period.
Future trends to watch include:
- The potential impact of technological advancements and automation on productivity and turnover.
- Changes in global steel demand and how environmental regulations might influence the industry.
- The potential effects of geopolitical tensions on raw material availability and cost.