forecasts - Latest news GMK Center

Last year's increase was due to the company's presence in the EU market

New EU quotas and agreement with India will increase pressure on Turkish exports

The baseline scenario assumes neutral crude steel output dynamics

The industrial group has lowered its annual profit and revenue forecast.

Regulator downgrades inflation and economic growth forecast for the current year

China's metallurgy will continue to face systemic problems this year

New protective measures limit opportunities for importing metal products

Major steel consuming industries showed a decline at the beginning of the year

War and damage to energy infrastructure remain key constraint factors for economic growth

The company indicates that the market environment remains weak

The bank's analysts believe that the price of this raw material will be around $100/t by the end of the year

In January-March 2023, the company produced 15.1 million tons of iron ore