rolled steel production - Latest news GMK Center

Analysts suggest that the steel producer is preparing to restructure the country's steel sector

The first batch of commercial reinforcement bars is expected to be delivered by the end of this year

Pig iron production increased by 11.2% year-on-year over the past year, while steel production decreased by 2.2% year-on-year

The company has previously restructured this business

The company points to the price factor and longer-than-planned downtime for maintenance

Ferroalloy production increased by 5.8% y/y during the period

Steel production increased by 10.9% y/y during the period, while pig iron production increased by 15.4% y/y

The company notes that the country's steelmakers have faced a decline in demand in recent years.

Funding will help the company accelerate its transition to electric arc production

Pig iron production amounted to 6.48 million tons, and steel production amounted to 6.17 million tons

The company expects improved market conditions to drive higher domestic demand

In September, the Romanian steel producer announced an indefinite suspension