steel production
EU could become scrap importer in less than 5 years – forecast

Global steel industry is increasingly focused on steel production in EAF
The situation in China’s steel sector may remain unstable

In April, the country's steelmakers faced a sharp drop in steel prices
Austria reduced steel production by 6.5% m/m in April

In January-April, Austrian steel companies reduced steel output by 6.3% y/y
India to introduce 40 million tons of new steelmaking capacity by FY2025/2026

Domestic steelmaking capacity is expected to reach 255 million tons by 2030/2031 financial year
ArcelorMittal Temirtau increased the capacity of sheet rolling shop №1

The plant reached the maximum production rate in the last ten years – 42 thousand tons of sheet steel per month
Turkish Kocaer Celik resumes production at A2 plant

The pause in production was used to modernize the division and commission new equipment
Belgium reduced steel production by 20.4% m/m in April

In January-April, Belgian steelmakers reduced steel production by 10.5% y/y
POSCO has completed construction of a high-strength steel processing plant in China

The company plans to double sales of these products by 2027
Poland reduced steel production by 26% m/m in April

In January-April, the country's steelmakers reduced steel production by 10.8% y/y

Steel stocks of Chinese steelmakers decreased by 12.3% m/m in mid-May

As of mid-May, steel stocks at the main steel enterprises of the PRC amounted to 16.26 million tons
Turkiye reduced steel production by 1.3% m/m in April

During the month, Turkish steelmakers produced 2.68 million tons of steel

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