Italy - Latest news GMK Center

The company aims to get through the rest of the year without further complications

Production at one of the company's main sites has been temporarily suspended for technical inspection.

Sales decreased by 2% y/y, while the average product price decreased by 4% y/y

The federation believes that decarbonization should be supported with tools that meet economic realities

In January-September, the indicator grew by 3.2% y/y

The association calls for consideration of the interests of distributors and processing companies

Free trade in scrap metal threatens the availability of raw materials on the market and plans to decarbonize the steel industry

The association points to the current unavailability of benchmarks

Ten bids have been submitted for the former Ilva plant, but most are for individual assets only

Last year, the company increased steel production by 6.4% year-on-year

During January-August, the indicator grew by 3% y/y

The only operating blast furnace at the Taranto plant has been shut down unexpectedly