steel production
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
Global steel production fell by 2.4% y/y in April

Total production in the CIS countries + Ukraine for the month increased by 5.9% y/y
ASEAN countries will grapple with the prospect of steel oversupply

Expansion investments are more focused on blast furnace production
Kazakhstan increased steel production by 6.4% m/m in April

In January-April, the country's steel enterprises reduced steel production by 11.3% y/y
Italy reduced steel production by 12.1% y/y in April

In January-April, Italian steelmakers reduced steel output by 7.6% y/y
ArcelorMittal expands electrical steel production capacity in France

From 2024, the Mardyck plant will produce an additional 200,000 tons of electrical steel
Steel exports from Spain decreased by 14% y/y in 2022

Due to rising energy costs, steel shipments from Spain fell to the level of pandemic 2020
Gerdau suspends steel production at one of its plants in Brazil

The stoppage is planned for the end of May 2023

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