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slabs - Latest news GMK Center

Photo – Asian slabs enter the European market
Asian slabs enter the European market

Russia's NLMK is also looking for alternative suppliers for European assets

Photo – Slab imports to the US decreased by 47.7% y/y in August 2022
Slab imports to the US decreased by 47.7% y/y in August 2022

Imports fell by 17.3% compared to July 2022

Photo – European rerollers are against potential sanctions on Russian slabs
European rerollers are against potential sanctions on Russian slabs

European companies and third countries cannot ensure stable supplies of semi-finished products, according to rolled steel producers

Photo – Russian slabs may fall under European sanctions
Russian slabs may fall under European sanctions

The slabs were not included in the fourth EU sanctions package adopted in March 2022

Photo – ArcelorMittal acquires Brazilian slab producer CSP for $2.2bn
ArcelorMittal acquires Brazilian slab producer CSP for $2.2bn

The company announced the signing an agreement with CSP shareholders, and the closing of the transaction is scheduled for the end of 2022

Photo – Metinvest in Europe to diversify supplies in two months
Metinvest in Europe to diversify supplies in two months

The Group is going to buy necessary products on the open market due to the loss of 30-40% metallurgical capacities in Ukraine

Photo – Metinvest launched 54 new types of metal products in 2021
Metinvest launched 54 new types of metal products in 2021

Most of the new products were developed in the steel plate and HRC segment

Photo – Metinvest cut production of metal products by 1% in Q2
Metinvest cut production of metal products by 1% in Q2

Production of semi-finished products grew by 38%

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