Metal & Metal Processing

Metal & Metal Processing

Germany, One of the Largest Raw Material Consumers Worldwide

Drill Machine and Metal Filings | © Fotolia

Source: Drill Machine and Metal Filings | © Fotolia

Industry Overview

Germany plays an important role within the European metal manufacturing and processing sector. Among manufacturing, the metal and metal processing industry is one of the largest largest in the country, and it comprises the steel and iron, non-ferrous metal, and foundry industries. With an annual production volume of about 43 million tons of raw steel, Germany is the largest steel producer, consumer, importer and exporter in Europe. For 2014 the industry expects a growth of 1% in steel production . Ranging from the basic processing of raw materials, the metal industry in Germany produces innumerable intermediate and finished metal products.