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rolled steel production - Latest news GMK Center

Photo – Price war in the electric vehicle sector hurts Chinese steelmakers
Price war in the electric vehicle sector hurts Chinese steelmakers

Competition among automakers puts pressure on raw material suppliers

Photo – DMZ plans a new rolling campaign with production up to 10 thousand tons in June in June
DMZ plans a new rolling campaign with production up to 10 thousand tons in June in June

In April-May, the company successfully rolled more than 9 thousand tons of metal at Rolling Shop No. 2

Photo – Ukraine increased rolled steel production by 14.2% m/m in April
Ukraine increased rolled steel production by 14.2% m/m in April

Pig iron production increased by 17.3% m/m and steel production by 25.7% m/m

Photo – Czech MSV Metal Studénka launches new forging line for 280 million kroons
Czech MSV Metal Studénka launches new forging line for 280 million kroons

The investment project will increase the annual capacity of the enterprise to 18 thousand tons and reduce energy consumption

Photo – One of the most modern rolling lines in Europe to be opened in Polish Silesia
One of the most modern rolling lines in Europe to be opened in Polish Silesia

Cognor completes construction of a new rolling line in Siemianowice Słonske worth PLN 800 million

Photo – Uzmetkombinat launches hot-rolled steel production in May
Uzmetkombinat launches hot-rolled steel production in May

New complex in Bekabad will allow Uzbekistan to reduce imports and strengthen exports

Photo – Ukrainian market of steel products for mechanical engineering to grow by 25-30% in 2024
Ukrainian market of steel products for mechanical engineering to grow by 25-30% in 2024

The defense industry is the main driver of steel demand growth from the machine building sector

Photo – Celsa completes sale of subsidiaries to Czech Sev.en Global Investments
Celsa completes sale of subsidiaries to Czech Sev.en Global Investments

The proceeds from the sale will be used to reduce Celsa Group's debt

Photo – Ukraine increased rolled steel production by 3.4% y/y in Q1
Ukraine increased rolled steel production by 3.4% y/y in Q1

Pig iron output grew by 7.2% y/y and steel output by 2.7% y/y

Photo – SSAB to build a new cold rolling complex in Luleå
SSAB to build a new cold rolling complex in Luleå

This will contribute to a significant increase in the production of high-quality steel, in particular for the automotive industry

Photo – Turkish Koc Metallurgy to suspend production at two plants
Turkish Koc Metallurgy to suspend production at two plants

Production suspension due to annual scheduled maintenance

Photo – Hyundai invests $5.8 billion in construction of a steel plant in the United States
Hyundai invests $5.8 billion in construction of a steel plant in the United States

The group's total investment in the United States will amount to $21 billion

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