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metal consumption - Latest news GMK Center

Photo – The order portfolio of DMZ Karpaty is formed until March 2023
The order portfolio of DMZ Karpaty is formed until March 2023

The import of rolled steel does not completely cover the production needs of the enterprise

Photo – Western sanctions had almost no effect on the work of the Russian iron and steel industry
Western sanctions had almost no effect on the work of the Russian iron and steel industry

After 6 months of war, steelmakers from the Russian Federation are experiencing difficulties with exporting products and buying spare parts for equipment

Photo – ArcelorMittal expects Brazilian steel demand to double during a decade
ArcelorMittal expects Brazilian steel demand to double during a decade

Brazil has huge opportunities to increase steel consumption and feels the need to create additional infrastructure

Photo – EUROFER improved its forecast for steel consumption in the EU in 2022
EUROFER improved its forecast for steel consumption in the EU in 2022

The overall dynamics of steel demand has a high level of uncertainty

Photo – Kryukov Carriage Works completed testing of a new railcar model for the EU market
Kryukov Carriage Works completed testing of a new railcar model for the EU market

At the beginning of 2023, the plant intends to start serial production of a flat car for 1435 mm gauge

Photo – EUROFER expects 1.9% drop of metal consumption in the EU in 2022
EUROFER expects 1.9% drop of metal consumption in the EU in 2022

Reasons for the forecast update: the war in Ukraine, rising energy prices and the supply chains disruptions

Photo – European Union increased its steel imports from India by 76%
European Union increased its steel imports from India by 76%

The biggest consumers of Indian metal products in the EU were Italy and Belgium

Photo – Consumption of rolled products in Ukraine increased by 4% in 2021
Consumption of rolled products in Ukraine increased by 4% in 2021

Ukraine consumed 5.12 million tons of rolled products over the year

Photo – The construction output in Ukraine declined by 2.7% in November
The construction output in Ukraine declined by 2.7% in November

The domestic construction output grew by only 0.3% to ₴198.8 billion in 11M

Photo – Consumption of rolled products in Ukraine grew by 14% in 11M
Consumption of rolled products in Ukraine grew by 14% in 11M

Ukraine consumed 4.9 million tons of rolled products in the same period

Photo – Residential construction output in Ukraine grew 29% in October
Residential construction output in Ukraine grew 29% in October

Monthly construction output in general fell 14.2%

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