steel consumption - Latest news GMK Center

The demand for steel in China is one of the main factors influencing the prices of steel products in the world

Production declined in major regions except Asia (excluding China and South Korea) and selected countries

The industry association is concerned about the high level of imports to the EU

In September 2022, energy inflation in the EU was 41%.

In May, steel consumption in the country decreased by 14%, while daily production increased during the month by 1-3%

Reasons for the forecast update: the war in Ukraine, rising energy prices and the supply chains disruptions

The company purchased 10,000 tons of bulletproof vests abroad

The reason is sanctions against Russian economy, and the stagnation of domestic production

The company provides free steel to the Armed Forces of Ukraine, and territorial defense

Residential construction increased by 16.8%, non-residential construction by 3.2%, and engineering construction by 3.1%

The share of new construction in the total construction output amounted to 44.5%

The share of new construction in the total construction output amounted to 45.6%