Poland - Latest news GMK Center

In October-December, coke production fell by 23.6% y/y and production of coking coal decreased by 0.4% y/y

In January-November 2022, the country's steelmakers reduced steel production by 7.9% y/y

The company opened new sites in the operating longwall at the Knurow-Szyglowice mine

The total volume of coal sales in this period reached 3.49 million tons

In September 2022, iron ore processing in the port decreased by 77.3% y/y

The company is analyzing various scenarios to prepare for a potential shortage of energy or raw materials

Against the background of higher prices, the company prefers the production of thermal coal

For the week of September 9-16, 2022, rebar prices in Poland decreased by $11, to $889-910/t

From September 6, 2022, the UZ banned the transportation of iron and steel industry’s cargoes to the Polish station PKP Szczecin Port Central

Investments will allow the construction of 96 km of new highways, 285 bypasses, 84 km of new tracks and 22 crossings

Port's administration plans to develop intermodal supply chains

The mini-mill is experiencing a lack of orders, especially in the rebar segment