steel production

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

Global steel industry is increasingly focused on steel production in EAF

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The situation in China’s steel sector may remain unstable

In April, the country's steelmakers faced a sharp drop in steel prices

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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

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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

kapital.kz
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

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Turkish Kocaer Celik resumes production at A2 plant

The pause in production was used to modernize the division and commission new equipment

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Belgium reduced steel production by 20.4% m/m in April

In January-April, Belgian steelmakers reduced steel production by 10.5% y/y

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POSCO has completed construction of a high-strength steel processing plant in China

The company plans to double sales of these products by 2027

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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

Reuters
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

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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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