18.2.13
Figures for 2012 of the Greek metallurgy industry indicate that production decreased, following two consecutive years of increased production (6.4% in 2011 and 12% in 2010).
The sector was hit hard by the slow growth rates of the world-wide economy and the recession that has plagued Greece and other European countries. This has resulted in a price drop of certain basic products of the metallurgy industry.
The production of steel products was especially low due to the collapse of construction activity in Greece.
