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steel industry - Latest news GMK Center

Photo – Egypt to build a plant for the production of flat rolled products for $1 billion
Egypt to build a plant for the production of flat rolled products for $1 billion

The capacity of the plant will be about 1.8 million tons of steel products per year

Photo – European steelmakers supported the EC’s green industrial strategy
European steelmakers supported the EC’s green industrial strategy

Industry representatives are ready to cooperate with the institution on the system of environmentally friendly technologies

Photo – Romania is considering energy support for the steel industry
Romania is considering energy support for the steel industry

The Ministry of Economy will promote two state aid schemes

Photo – Alessandro Sciamarelli: «Without an improvement in the EU’s steel demand outlook, destocking will not end»
Alessandro Sciamarelli: «Without an improvement in the EU’s steel demand outlook, destocking will not end»

Director of Market Analysis and Economic Studies at EUROFER – about the factors affecting apparent steel consumption and steel-using sectors in the European Union

Photo – Ukrainian mining companies increased iron ore exports by 21.2% y/y in January 2023
Ukrainian mining companies increased iron ore exports by 21.2% y/y in January 2023

During the month, mining companies of Ukraine shipped 927,400 tons of iron ore to foreign consumers

Photo – Piotr Sikorski: Apparent steel consumption in Poland will probably drop by 2 million tonnes in 2022
Piotr Sikorski: Apparent steel consumption in Poland will probably drop by 2 million tonnes in 2022

Head Manager of Polska Unia Dystrybutorow Stali – about the structure of steel consumption and the factors which affect steel production and demand in Poland

Photo – Ukrainian steelmakers produced 257,000 tons of rolled steel in January 2023
Ukrainian steelmakers produced 257,000 tons of rolled steel in January 2023

In the month, iron smelting amounted to 240,000 tons, and steel – to 284,000 tons

Photo – How the export logistics of iron and steel companies has changed in 2022
How the export logistics of iron and steel companies has changed in 2022

Industry enterprises have rebuilt their logistics routes by directing exports to European seaports

Photo – Ukraine to expand the agreement on the export of grain and steel – the Ministry of Economy
Ukraine to expand the agreement on the export of grain and steel – the Ministry of Economy

Unblocking additional Ukrainian ports is one of the prerequisites for the growth of Ukraine's GDP by 3% in 2023

Photo – ISA: India’s crude steel production expected to touch nearly 134 mln t in CY’23
ISA: India’s crude steel production expected to touch nearly 134 mln t in CY’23

India produced about 124.5 million tons of crude steel in 2022, while finished steel production stood at 117.8 million tons

Photo – The UK’s steelmakers call on the government to urgently support the industry
The UK’s steelmakers call on the government to urgently support the industry

The steel sector was under threat due to energy prices and cheap imports

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