Austria - Latest news GMK Center

The export of steel products for the month increased by 0.5% y/y

In January-November, the country's steelmakers reduced steel production by 6% y/y

The export of steel products for the month fell by 5% y/y

In January-October, the country's steelmakers reduced steel production by 6.5% y/y

In January-September, the country's steelmakers reduced steel production by 6.9% y/y

Currently, the country's steel industry is facing high energy prices

After reaching full capacity, the enterprise will annually produce 205,000 tons of special steel for industry

Construction of the unit with a capacity of 1.6 million tons of steel per year is planned to begin in 2024

Saw wire production has been unprofitable for several years, despite restructuring efforts and capacity investments

In January-August, the country's steelmakers reduced steel production by 6.7% y/y

The commissioning of the electric arc furnace is planned for 2027

For almost 20 years, the metallurgical plant in Linz was one of the main clients of the UDP, but in 2014 cooperation ceased