Poland - Latest news GMK Center

Low demand, high supply and electricity prices force the company to optimize production processes and reduce staff

Despite the difficulties, on December 20, the plant was cold-started, which will serve as the basis for the full resumption of operations

Ukraine, China, South Korea and India account for about 70% of deliveries

Coal production increased by 6.4% q/q

The company expects an economic effect at the level of PLN 8.5 billion in 2025-2027

In 8 months 2024, the share of imports in apparent consumption was 82%

The government and the country's manufacturers are faced with a choice of several options

An investment of more than PLN 100 million will provide hydrogen energy for two galvanizing lines

The company promises to resume production at Huta Częstochowa in early 2025

Production is scheduled to resume early next year

The plant is insolvent again and may change its owner

Local production fell by 52% in 2013-2023