global steel industry - Latest news GMK Center

Global Energy Monitor expects global blast furnace capacity to increase by another 88 million tons by 2035

The main sources of growth are Asia, particularly India, ASEAN countries, and the Middle East

The need to combat climate change on an international scale makes the decarbonization of the steel industry irreversible

2024-2025 will be marked by a large number of M&A deals in the iron and steel industry, transforming the landscape of the global steel industry

Overcapacity in the global steel industry to grow by 20% by 2027

The plant is insolvent again and may change its owner

In January-February, the indicator increased by 1.5% y/y

Problems of local steel plants hinder finding balance between demand and supply

China wants to achieve economic growth by 5% in 2023, which will increase demand for steel and can support the steel sector in the world

Continuous investment activity provokes an excess of steelmaking capacity, especially in Asia

The new reality has learned Ukrainian mining & metals industry to be flexible and make quick market decisions