steel production

All major steel producers in the European Union showed a significant drop in smelting

In 2022, French steelmakers reduced steel production by 13.1% y/y

During the year, Ukrainian steelmakers produced 6.26 million tons of steel

Total production in the CIS countries and Ukraine decreased by 28.4% y/y for the month

The use of scrap should increase to 15% by 2025

Rise in import prices will increase the production of steel makers in India

Lower prices will help Turkish steel producers, whose competitiveness is at a low level

The country's steelmakers can regain competitiveness in the second half of 2023

The indicator has been decreasing for the second year in a row

At the end of the year, the plant's capacity was further reduced due to a shortage of electricity

The enterprise will produce 750 thousand tons of steel per year

In December, steel production in the country decreased by 20% y/y