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steel industry - Latest news GMK Center

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

Photo – Ukraine will focus on export growth model — Minister of Economy
Ukraine will focus on export growth model — Minister of Economy

The state will focus on the development of industries that will have the greatest effect in this area

Photo – All Russian Federation steel products should be subject to sanctions — Yulia Svyridenko
All Russian Federation steel products should be subject to sanctions — Yulia Svyridenko

Ukraine is ready to replace the Russian Federation in the markets of iron ore and other products

Photo – EUROFER and industriAll call for protection of the EU steel sector
EUROFER and industriAll call for protection of the EU steel sector

The European steel industry directly provides 310 thousand jobs

Photo – What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation
What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation

The European Commission expanded the list of restrictions, but postponed their entry into force until 2023-2024

Photo – InVenture put up for sale a rolling mill plant for $5 million
InVenture put up for sale a rolling mill plant for $5 million

The enterprise, located in the city of Dnipro, is one of the largest producers of pig iron rolls in Ukraine

Photo – The Russian steel industry expects capacity underutilization according to the results of 2022
The Russian steel industry expects capacity underutilization according to the results of 2022

Steel consumption in the Russian Federation in the second quarter of 2022 decreased by 16% q/q

Photo – The Spanish government promised to support the steel industry in the event of energy crisis
The Spanish government promised to support the steel industry in the event of energy crisis

In recent months, the country's government has allocated more than €850 million to support local gas and electricity-intensive industries

Photo – European steelmakers to help politicians overcome the energy crisis – EUROFER
European steelmakers to help politicians overcome the energy crisis – EUROFER

Current gas and electricity prices threaten the viability of the industry in Europe, the association believes

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