France - Latest news GMK Center

Compared to January 2023, the indicator increased by 1.5%, and compared to the previous month – by 2.6 times

Investments in the construction of the unit amount to €52 million

In December, steel production in the country fell to a record low level of 325,000 tons

The funds will be used to finance two electric arc furnaces and a direct recovery plant

Compared to November 2022, the indicator increased by 91.5%

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

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

Compared to October 2022, the indicator decreased by 19.3%

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

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

Compared to September 2022, the indicator increased by 1.3%

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