The German machine tool industry achieved a record in production last year, generating €15.1 billion (US$16.7 billion) with machinery and services, according to the German Machine Tool Builders’ Association (VDW). This is a four percent increase from 2013.

World crude steel production for the 65 countries reporting to the World Steel Association (Worldsteel) was 128 million tonnes (Mt) in February 2015, a 0.6 percent increase compared to February 2014.