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France - Latest news GMK Center

Photo – France doubled its steel output m/m in November
France doubled its steel output m/m in November

Compared to November 2022, the indicator increased by 91.5%

Photo – Italy’s Acciaierie Venete will acquire three Ascometal steel mills in France
Italy’s Acciaierie Venete will acquire three Ascometal steel mills in France

Through the merger, Acciaierie Venete plans to increase its presence on the European market

Photo – France reduced rolled steel imports from third countries by 9.1% y/y in September
France reduced rolled steel imports from third countries by 9.1% y/y in September

The export of s proteelducts for the month fell by 4% y/y

Photo – France reduced steel production by 8.1% m/m in October
France reduced steel production by 8.1% m/m in October

Compared to October 2022, the indicator decreased by 19.3%

Photo – Aperam reduced shipments by 8.7% y/y in January-September
Aperam reduced shipments by 8.7% y/y in January-September

The company states that a significant decrease in demand continues to be observed in Europe

Photo – Industrial production in France decreased by 0.4% m/m in September
Industrial production in France decreased by 0.4% m/m in September

In the third quarter, the indicator increased by 0.2% y/y, but decreased by 0.2% q/q

Photo – France increased steel production by 7.1% m/m in September
France increased steel production by 7.1% m/m in September

Compared to September 2022, the indicator increased by 1.3%

Photo – ArcelorMittal Fos-sur-Mer will continue to idle blast furnace №1
ArcelorMittal Fos-sur-Mer will continue to idle blast furnace №1

The unit is currently suspended for maintenance, and it is planned to resume operation only after the market sentiment improves

Photo – France reduced steel production by 8.6% y/y in August
France reduced steel production by 8.6% y/y in August

Compared to the previous month, the indicator remained unchanged

Photo – The business climate in the French construction industry improved in August
The business climate in the French construction industry improved in August

The number of contractors who consider the order portfolio higher than average has increased

Photo – France reduced steel production by 23.2% y/y In July
France reduced steel production by 23.2% y/y In July

On a monthly basis, the production indicator increased by 1.1%

Photo – ArcelorMittal postpones investment in Brazilian enterprise
ArcelorMittal postpones investment in Brazilian enterprise

The commissioning of the new facilities was planned for the end of 2024

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