production capacities

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Thyssenkrupp to cut 11 thousand jobs in its steel division

The company also announced a reduction in production capacity

Węglokoks is selected as a tenant of a steel plant in Czestochowa

Production is scheduled to resume early next year

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Tosyalı Algeria puts a new flat-rolled steel plant into operation

The company has started producing slabs and will soon launch a hot strip mill

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China is increasing its capacity to produce iron ore concentrate

From 2022, the volume of additional capacities amounted to 50 million tons

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Kametstal will accumulate coke gas for use in production

The plant has already started implementing the relevant investment project

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Metinvest combines repair and foundry facilities into a single enterprise

It is expected that the total capacity of production sites will be up to 35 thousand tons per year

Velta plans to build a plant for the production of titanium products in the USA

Previously, the company planned to build a plant in Ukraine or the UAE, but the war changed its plans

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ArcelorMittal plans to restart blast furnace in Foss-sur-Mer in April 2023

Blast furnace №2 at the French plant was shut down in December 2022

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Shanghai will ban steel capacity additions in 2023

The use of scrap should increase to 15% by 2025

AMNS India completed acquisition of Essar’s port and energy assets

Asset acquisition will support the investment in Hazira plant expansion

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ArcelorMittal will shut down the blast furnace at the Foss-sur-Mer plant

The decision is due to the drop in demand for steel and the high cost of energy

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Metinvest is conducting negotiations on the legislation normalization in wartime — Yuriy Ryzhenkov

Despite the war, the company did not change its strategy for modernization

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