Germany - Latest news GMK Center

In January-August 2022, German steelmakers reduced steel output by 4.8%

This is the company's third production facility in Germany

The company plans to build a direct reducing iron unit at the Duisburg plant

The company also announced the shutdown of the wire rod production plant in Hamburg

This level of prices is about 14 times higher than the seasonal average over the past five years

According to the results of January-July, German steelamakers reduced steel output by 5.1%

The company claims that its production is strategically necessary for Germany's energy security plans and local district heating

Two converters could become the largest in the world, they are planned to be installed next year

Even earlier, the blast furnace was stopped at the enterprise

German authorities plan to give priority in the supply of natural gas to the population, not to industrial consumers

16% of 3,500 German surveyed companies are reducing or partially limiting production

According to the results of January-June, German steelworkers reduced steel output by 5.5%