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steel industry - Latest news GMK Center

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

Photo – EUROFER insists on a European action plan for the steel industry
EUROFER insists on a European action plan for the steel industry

The industry association is calling for immediate action rather than incremental improvements

Photo – European steel industry promised additional support measures
European steel industry promised additional support measures

Stephan Sejourne calls to focus on strategic sectors with the greatest potential

Photo – Poland will require a strategic solution to decarbonize steel industry – analysts
Poland will require a strategic solution to decarbonize steel industry – analysts

Currently, the steel sector of the country is facing a number of problems

Photo – The situation with electricity is critically stable – СOO Metinvest
The situation with electricity is critically stable – СOO Metinvest

Currently, one of the biggest problems is the destruction of the energy infrastructure

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