Czech Republic - Latest news GMK Center

The sharp drop in the indicator is caused by problems at the Liberty Ostrava steel enterprise

The Minister of Industry and Trade appealed to Liberty Steel to save the steel plant

The Czech plant had planned to resume operations in early January, but the restart has now been delayed until at least January 16

The company has sold €359 million worth of carbon credits and is also looking to change its contract with Tameh Czech

Tameh's sole energy supplier is on the brink of bankruptcy due to non-payment of bills by LIBERTY

Steel production in the country decreased by 21% y/y in 9 months

The country is pushing for continued supplies of Russian products despite the 8th package of sanctions

The company takes the path of producing environmentally friendly steel

Imports of steel products also fell sharply over 6 months – by more than 500 thousand tons

The plant's previous plans provided for the import of 260,000 tons of iron ore, but the volume was adjusted to 100,000 tons

The company is likely to idle two blast furnaces at the Czech and Romanian plants in the near future

Work on the project of a new iron ore cold briquetting line will begin in 2023