rolled steel production - Latest news GMK Center

This will help meet the growing demand for steel in the region

Chinese steel mills are currently reducing production of hot-rolled coils

Pig iron output grew by 9.8% y/y and steel output by 7.5% y/y

Production on the affected line will be shut down for approximately 3 months

Metallurgical coke production amounted to 17.3 thousand tons

Pig iron production amounted to 265.4 thousand tons and steel – to 235.3 thousand tons

Hot tests took place in the fall of 2024

Negotiations with the government were unsuccessful, and the business environment deteriorated

Since the beginning of the year, the company has produced more than 7 thousand tons of products, some of which have been shipped abroad

The plant will initially produce 200 thousand tons of steel per year

Pig iron production for the month amounted to 595 thousand tons and steel production – to 611 thousand tons

The amount of investment will be up to $696 million, and the project is undergoing internal approval procedures within the group