France - Latest news GMK Center

In June, French steelmakers reduced steel output by 31.5% y/y and 1.7% m/m

In 2023, as the company predicts, the indicator will reach €950 million – €1.1 billion

The company won an appeal against an order to suspend steel production

In June, the number of companies that consider the market to be unpredictable increased

The reason was the decision of the labor inspectorate, the restart date has not yet been determined

The production rate fell by 33.2% y/y

Firms note the improvement of the situation with the supply of building materials

The loss of production in Dunkirk will be compensated by the company's other French sites

The production rate fell by 8% y/y

From 2024, the Mardyck plant will produce an additional 200,000 tons of electrical steel

In January-March 2023, the company's sales amounted to €1.8 billion

At the same time, the company has not yet completed the cleaning of blast furnace A at the Gijon plant