blast furnance production - Latest news GMK Center

Further configuration of production will depend on market conditions

Steelmakers continue to reduce production volumes amid falling steel consumption

Blast furnace No. 4 will operate until September 2024

Some steel plants have started maintenance of large blast furnaces

At the same time, the company is challenging the legal grounds for the strike organized by the Unite trade union.

The profits of steelmakers increased slightly thanks to the decrease in prices for raw materials

Mills slightly increased their ore purchases from traders due to increased production needs

The increase in production was mainly contributed by factories in Hebei province

Some plants have increased production amid of improved profitability

If approved, the plans will add about 1.52 million tons per year of blast furnace capacity and 1.66 million tons per year of EAF capacity

The capacity of the unit is 4.5 million tons/year

The indicator fell for the second week in a row after the previous long rise