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steel industry - Latest news GMK Center

Photo – Cleveland-Cliffs reduced steel sales by 5% y/y in 2024
Cleveland-Cliffs reduced steel sales by 5% y/y in 2024

Last year, the company's foreign sales amounted to 15.6 million tons

Photo – The British government reaffirmed its commitment to support the steel industry
The British government reaffirmed its commitment to support the steel industry

Government launches consultation plan for steel industry

Photo – UK steel industry needs to reduce electricity costs – UK Steel
UK steel industry needs to reduce electricity costs – UK Steel

The issue should be one of the first challenges for the Steel Industry Council

Photo – AISI outlines priorities for the US steel industry for 2025
AISI outlines priorities for the US steel industry for 2025

American Iron and Steel Institute appeals to the Trump Administration and Congress

Photo – US steelmakers support Trump’s trade policy
US steelmakers support Trump’s trade policy

Industry associations are ready to cooperate for the development of the American steel industry

Photo – The UK government has created a steel industry council
The UK government has created a steel industry council

Council established to advise on future strategy for the industry

Photo – Polish government is working on a national strategy for the steel industry
Polish government is working on a national strategy for the steel industry

A working group has been set up at the Ministry of Industry to identify challenges and recommendations for the industry

Photo – Steel capacity utilization in India to hit 4-year low – ICRA
Steel capacity utilization in India to hit 4-year low – ICRA

A surge in cheap imports led to a decline in the market share of local steelmakers

Photo – German Chancellor proposes to reduce electricity costs for the steel industry
German Chancellor proposes to reduce electricity costs for the steel industry

Olaf Scholz promises to support steel industry at the national and European level

Photo – EUROFER and industriaALL call for a steel summit
EUROFER and industriaALL call for a steel summit

The meeting is to discuss urgent issues and an action plan for sustainable development

Photo – “Pain points” of European iron & steel industry
“Pain points” of European iron & steel industry

Weak market forces European steelmakers to cut costs, jobs, delay wage payments

Photo – Chinese steelmakers cut losses in January-October amid economic incentives
Chinese steelmakers cut losses in January-October amid economic incentives

In general, the situation in the industry has revived somewhat in recent months

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