rolled steel production - Latest news GMK Center

Rolled steel production resumed after a two-month layoff

The new production lines are expected to be fully operational by FY2025/2026

The company estimates capital investments in the first stage of the project in Romania at €160 million

This will happen if the company closes the last operating blast furnace

Pig production fell by 0.9% m/m, and steel – by 5.6% m/m

The increase in losses was caused by falling prices and demand, as well as seasonal factors

This will be the first rolling campaign in the shop in 2024

Production of pig iron amounted to 261.9 thousand tons, and steel – 250.8 thousand tons

The company received a certificate of conformity, which allows the supply of such products to customers in Poland

The deal is expected to close in the fourth quarter of this year

Production of metallurgical coke fell by 3.6% m/m

Steel production for the month amounted to 734.7 thousand tons, and pig iron – 628.6 thousand tons