steel production News — GMK Center https://gmk.center/en/tag/steel-production/ This is an informational-analytical, discussion platform Fri, 05 Jun 2026 14:42:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png steel production News — GMK Center https://gmk.center/en/tag/steel-production/ 32 32 <![CDATA[South Australia will provide additional funding for the Whyalla Steelworks]]> https://gmk.center/en/news/south-australia-will-provide-additional-funding-for-the-whyalla-steelworks/ Sat, 06 Jun 2026 06:28:45 +0000 https://gmk.center/?post_type=news&p=124571 The South Australian state government will provide an additional A$319 million ($228.5 million) in funding over the next two years to support the sale and operation of the Whyalla steelworks, according to Argus Media. This support is included in the state budget for 2026/2027. The steelworks has been under external administration since February 2025. Since […]

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]]> <![CDATA[Excess steel production capacity continues to weigh on global markets – OECD]]> https://gmk.center/en/news/excess-steel-production-capacity-continues-to-weigh-on-global-markets-oecd/ Thu, 04 Jun 2026 12:40:48 +0000 https://gmk.center/?post_type=news&p=124521 By 2026, global excess steel production capacity will reach 745 million tons. This is according to a new report by the Organization for Economic Cooperation and Development (OECD) – OECD Steel Outlook 2026. This figure exceeds current steel production in the OECD by 319 million tons. The planned capacity increase of 139 million tons by […]

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]]> <![CDATA[Marcegaglia is increasing its investment in the project in Fos-sur-Mer]]> https://gmk.center/en/news/marcegaglia-is-increasing-its-investment-in-the-project-in-fos-sur-mer/ Wed, 03 Jun 2026 08:51:23 +0000 https://gmk.center/?post_type=news&p=124412 The Italian group Marcegaglia is investing an additional €600 million in the Mistral project in Fos-sur-Mer (France). The announcement was made at the Choose France summit, according to Maritima. This will increase the group’s total investment in the facility—the first large electric arc furnace plant in France in 50 years and the first large rolling […]

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]]> <![CDATA[JSW Steel begins construction of a new steel plant in Odisha]]> https://gmk.center/en/news/jsw-steel-begins-construction-of-a-new-steel-plant-in-odisha/ Thu, 28 May 2026 12:41:08 +0000 https://gmk.center/?post_type=news&p=124225 India’s JSW Steel has begun construction on its 65,000-crore-rupee ($6.8 billion) steel plant in Paradip, Odisha, according to The Hindu. According to the company, the integrated steel plant in Paradip will be built in phases. Its planned annual capacity will be 13.2 million tons. The facility will be strategically located on the coast of Odisha, […]

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]]> <![CDATA[Italy has approved €100 million in additional funding to support Acciaierie d’Italia]]> https://gmk.center/en/news/italy-has-approved-e100-million-in-additional-funding-to-support-acciaierie-d-italia/ Thu, 28 May 2026 10:16:27 +0000 https://gmk.center/?post_type=news&p=124204 The Italian government has approved a new €100 million loan for the steel company Acciaierie d’Italia (ADI), according to Taranto Today. The financial support was included in a decree-law approved by the government late last week. As stipulated, the funds will be used to meet the urgent and unavoidable needs of maintaining the steel plant’s […]

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]]> <![CDATA[Jindal Steel is investing $390 million in a steelmaking project in Oman]]> https://gmk.center/en/news/jindal-steel-is-investing-390-million-in-a-steelmaking-project-in-oman/ Fri, 22 May 2026 12:01:35 +0000 https://gmk.center/?post_type=news&p=123976 The Indian steelmaker Jindal Steel has signed an investment agreement with the industrial city of Suhar in Oman to develop an integrated steel project. This was reported by MEsteel. The estimated investment will amount to 150 million rials ($390 million). The investment agreement was signed with the State Authority for Industrial Zones (Madayn). The project […]

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]]> <![CDATA[CISA forecasts pressure on China’s steel market in the near term]]> https://gmk.center/en/news/cisa-forecasts-pressure-on-china-s-steel-market-in-the-near-term/ Fri, 22 May 2026 09:45:12 +0000 https://gmk.center/?post_type=news&p=123968 The steel market in China will remain under pressure due to high raw material prices and the upcoming summer lull in demand, despite the fact that domestic prices for steel products have continued to rise since the second half of April. This is stated in the monthly report by the China Iron and Steel Association […]

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]]> <![CDATA[Global steel production fell by 4.1% m/m in April]]> https://gmk.center/en/news/global-steel-production-fell-by-4-1-m-m-in-march/ Fri, 22 May 2026 09:14:48 +0000 https://gmk.center/?post_type=news&p=123965 Global steel production in April 2026 fell by 1.9% year-on-year and by 4.1% month-on-month, reaching 153.4 million tons. This is according to the World Steel Association’s global ranking of steel-producing countries (69). Total steel production in the CIS countries plus Ukraine decreased by 13.4% year-on-year and by 9.1% month-on-month during the month, reaching 6 million […]

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]]> <![CDATA[Germany increased steel production by 9.5% y/y in April]]> https://gmk.center/en/news/germany-increased-steel-production-by-9-5-y-y-in-april/ Fri, 22 May 2026 07:30:41 +0000 https://gmk.center/?post_type=news&p=123937 In April 2026, German steelmakers increased steel production by 9.5% year-on-year, reaching 3.23 million tons. At the same time, production fell by 3.3% compared to the previous month. This is according to data from the German Steel Association (WV Stahl). Oxygen converters produced 2.22 million tons of steel during the month, which is 10.7% more […]

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]]> <![CDATA[Slovenian SIJ Group reduced steel production by 5.2% y/y in 2025]]> https://gmk.center/en/news/slovenian-sij-group-reduced-steel-production-by-5-2-y-y-in-2025/ Wed, 20 May 2026 09:16:00 +0000 https://gmk.center/?post_type=news&p=123874 The Slovenian steelmaker Slovenian Steel Group (SIJ Group) reported a 5.2% year-over-year decline in steel production for 2025, down to 433,100 metric tons, according to the company’s report. Revenue from sales last year fell by 11.9% year-on-year to €930 million; the Group reported EBITDA of €10.4 million and recorded a net loss of €117.7 million. […]

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]]> <![CDATA[Italy saw a 6.2% m/m decline in steel production in April]]> https://gmk.center/en/news/italy-saw-a-6-2-m-m-decline-in-steel-production-in-april/ Wed, 20 May 2026 08:43:24 +0000 https://gmk.center/?post_type=news&p=123867 Italian steelmakers reduced steel production by 6.2% in April 2026 compared to the previous month, down to 1.93 million tons. Compared to the same month in 2025, the figure rose by 7.2%. This is according to data from the industry association Federacciai, as reported by SteelOrbis. Flat steel production in April amounted to 743,000 tons, […]

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]]> <![CDATA[China has unveiled a stricter plan for the exchange of steel production capacity]]> https://gmk.center/en/news/china-has-unveiled-a-stricter-plan-for-the-exchange-of-steel-production-capacity/ Tue, 19 May 2026 10:25:23 +0000 https://gmk.center/?post_type=news&p=123825 China has released a stricter plan for the exchange of steel production capacity, according to Reuters. According to a statement from the country’s Ministry of Industry, the nationwide capacity replacement ratio for pig iron and steel production must not be less than 1.5:1, in line with a draft proposal published last October. As noted by […]

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]]> <![CDATA[China’s steel output fell by 4% y/y in January–April]]> https://gmk.center/en/news/china-s-steel-output-fell-by-4-y-y-in-january-april/ Mon, 18 May 2026 12:49:53 +0000 https://gmk.center/?post_type=news&p=123789 China’s steel output fell by 4.1% year-on-year in January–April, to 331.12 million tons. This is according to data from the National Bureau of Statistics (NBS), as reported by SteelOrbis. In April alone, Chinese steelmakers produced 83.63 million tons of steel, which is 2.8% less than in the same period of 2025. Over the first four […]

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]]> <![CDATA[Kardemir increased steel production by 2.7% y/y in Q1]]> https://gmk.center/en/news/kardemir-increased-steel-production-by-2-7-y-y-in-q1/ Tue, 12 May 2026 07:53:31 +0000 https://gmk.center/?post_type=news&p=123515 Turkish long-product manufacturer Kardemir increased its steel production by 2.7% year-over-year in the first quarter of this year, to 634,000 tons, and its pig iron production by 0.9% year-on-year, to 653,000 tons, according to SteelOrbis. At the same time, rolled steel sales for the same period fell by 11.6% year-on-year to 562,000 tons. During the […]

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]]> <![CDATA[Ukraine saw a 16% m/m decline in rolled steel production in April]]> https://gmk.center/en/news/ukraine-saw-a-16-m-m-decline-in-rolled-steel-production-in-april/ Mon, 11 May 2026 07:40:06 +0000 https://gmk.center/?post_type=news&p=123465 According to data from the SE Ukrmetallurgprom, Ukraine’s steel mills reduced their production of finished steel products by 15.8% in April 2026 compared to the previous month, down to 460,800 metric tons. Steel output in Ukraine in April decreased by 25.3% month-on-month to 517,300 tons. Pig iron production for the month amounted to 554,000 tons […]

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]]> <![CDATA[The suspension of production at the steel mill in Bosnia and Herzegovina has disrupted supply chains]]> https://gmk.center/en/news/the-suspension-of-production-at-the-steel-mill-in-bosnia-and-herzegovina-has-disrupted-supply-chains/ Fri, 08 May 2026 12:09:16 +0000 https://gmk.center/?post_type=news&p=123446 The suspension of steel production at the Nova Željezara Zenica plant (Bosnia and Herzegovina) has sent shockwaves through the industrial sectors of both the country and neighboring Croatia. This is disrupting rail freight transport, port operations, and regional supply chains, which could become one of the most significant economic disruptions in the Western Balkans in […]

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]]> <![CDATA[Italy is keeping the tender for the sale of Acciaierie d’Italia open]]> https://gmk.center/en/news/italy-is-keeping-the-tender-for-the-sale-of-acciaierie-d-italia-open/ Fri, 08 May 2026 12:07:25 +0000 https://gmk.center/?post_type=news&p=123444 Italy continues its search for an investor for Acciaierie d’Italia, keeping the bidding process open to new participants. According to Italy’s Minister of Enterprise and Industry, Adolfo Urso, any interested party may submit a bid if it surpasses the offers already received. This was reported by Kallanish. Currently, two key contenders remain in the process—Flacks […]

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]]> <![CDATA[Metinvest cut steel production by 20% in Q1]]> https://gmk.center/en/news/metinvest-cut-steel-production-by-20-in-q1/ Thu, 07 May 2026 11:25:03 +0000 https://gmk.center/?post_type=news&p=123389 According to its first-quarter 2026 results, Metinvest Group reduced steel production by 20% compared to the previous quarter, to 454,000 tons. Pig iron production during this period fell by 12% year-over-year, to 438,000 tons. This is stated in the company’s report. Pig iron production for January–March remained at the same level as the same period […]

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]]> <![CDATA[Turkey increased steel production by 6.4% y/y in March]]> https://gmk.center/en/news/turkey-increased-steel-production-by-6-4-y-y-in-march/ Wed, 06 May 2026 09:35:43 +0000 https://gmk.center/?post_type=news&p=123333 In March 2026, Turkey increased its steel production by 6.4% compared to the same month last year, reaching 3.3 million tons. This is according to data from the Turkish Steel Producers’ Association (TCUD). In the first quarter of 2026, steel production in the country rose by 5.3% year-on-year, reaching 9.7 million tons. Domestic consumption of […]

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]]> <![CDATA[Baosteel produced 13.2 million tons of steel in Q1]]> https://gmk.center/en/news/baosteel-produced-13-2-million-tons-of-steel-in-q1/ Thu, 30 Apr 2026 12:17:17 +0000 https://gmk.center/?post_type=news&p=123163 China’s largest steelmaker, Baoshan Iron & Steel Co (Baosteel), produced 13.2 million metric tons of steel and 12.2 million metric tons of pig iron in the first quarter. The company’s steel exports rose 6.8% year-on-year – to 6.5 million metric tons, according to Reuters. During this period, the company received nearly 2 million tons of […]

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]]> <![CDATA[Gerdau increased its net profit by 32% y/y in Q1]]> https://gmk.center/en/news/gerdau-increased-its-net-profit-by-32-y-y-in-q1/ Wed, 29 Apr 2026 11:47:41 +0000 https://gmk.center/?post_type=news&p=123094 Brazilian steelmaker Gerdau reported a 32% year-on-year increase in consolidated net income for the first quarter of 2026 compared to the same period in 2025, reaching $203.5 million, according to Steelorbis. Gerdau’s net revenue for January–March decreased by 3.8% year-on-year – to $3.4 billion. At the same time, production costs fell by 6.5% year-on-year (to […]

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]]> <![CDATA[Acciaierie d’Italia has secured a €149 million loan]]> https://gmk.center/en/news/acciaierie-d-italia-has-secured-a-e149-million-loan/ Wed, 29 Apr 2026 07:55:43 +0000 https://gmk.center/?post_type=news&p=123071 The Italian steelmaker Acciaierie d’Italia (ADI, formerly Ilva) has received approval for a €149 million bridge loan, according to Rai. The financial support was approved with the publication in the Official Gazette of an executive order from the country’s Ministry of Business and Production. The financing in question is provided for by Decree No. 180 […]

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]]> <![CDATA[India has the potential to significantly increase its steel production capacity, – an expert]]> https://gmk.center/en/news/india-has-the-potential-to-significantly-increase-its-steel-production-capacity-an-expert/ Tue, 28 Apr 2026 14:33:11 +0000 https://gmk.center/?post_type=news&p=123065 The future of India’s steel industry will be shaped by players who focus on demand clusters and value-added products. This forecast comes from Vijay Sarathi Atreyapurapu, managing partner of AVVA Consultancy Group In his view, India’s goal of reaching a steel production capacity of 300 million tons by the 2030/2031 fiscal year is becoming a […]

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]]> <![CDATA[Nucor increased shipments of steel products by 9% y/y in Q1]]> https://gmk.center/en/news/nucor-increased-shipments-of-steel-products-by-9-y-y-in-q1/ Tue, 28 Apr 2026 13:03:16 +0000 https://gmk.center/?post_type=news&p=123062 In Q1 2026, the American steel company Nucor increased total shipments of steel products from its steel mills to 7.028 million tons, a 9% increase year-on-year. This is stated in the company’s report. Compared to the previous quarter, the figure rose by 19%. The utilization rate of the company’s steel mills for the period rose […]

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]]> <![CDATA[Huta Częstochowa is strengthening its position in the Polish defense industry]]> https://gmk.center/en/news/huta-czestochowa-is-strengthening-its-position-in-the-polish-defense-industry/ Mon, 27 Apr 2026 07:57:19 +0000 https://gmk.center/?post_type=news&p=122997 The Polish steel mill Huta Częstochowa is strengthening its position in the Polish defense industry. This was announced by Adrian Senicki, president of Huta Częstochowa and vice president of Węglokoks, during a panel discussion at the European Economic Congress, according to Bankier.pl. According to him, since Węglokoks resumed operations at the plant (January 2025), Huta […]

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]]> <![CDATA[Germany increased steel production by 7.5% y/y in March]]> https://gmk.center/en/news/germany-increased-steel-production-by-7-5-y-y-in-march/ Fri, 24 Apr 2026 11:21:03 +0000 https://gmk.center/?post_type=news&p=122954 In March 2026, German steelmakers increased steel production by 7.5% year-on-year – to 3.34 million tons. Compared to the previous month, the figure rose by 18.1%. This is according to data from the German Steel Association (WV Stahl). Last month, 2.21 million tons of steel were produced in basic oxygen furnaces (+7.2% y/y; +12% m/m), […]

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]]> <![CDATA[Global steel production fell by 4.2% y/y in March]]> https://gmk.center/en/news/global-steel-production-fell-by-4-2-y-y-in-march/ Thu, 23 Apr 2026 12:28:10 +0000 https://gmk.center/?post_type=news&p=122917 Global steel production in March 2026 fell by 4.2% year-over-year and rose by 12.8% month-over-month, reaching 159.9 million tons. This is according to the World Steel Association’s global ranking of steel-producing countries (69). Total steel production in the CIS countries and Ukraine decreased by 7.9% year-on-year and increased by 10% month-on-month – to 6.6 million […]

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]]> <![CDATA[Italy increased steel production by 10.2% m/m in March]]> https://gmk.center/en/news/italy-increased-steel-production-by-10-2-m-m-in-march/ Tue, 21 Apr 2026 11:53:41 +0000 https://gmk.center/?post_type=news&p=122795 Italian steelmakers increased steel production by 10.2% in March 2026 compared to the previous month, reaching 2.06 million tons. Compared to the same month in 2025, the figure rose by 0.2%. This is according to data from the industry association Federacciai, as reported by SteelOrbis. Flat steel production in March amounted to 818,000 tons, which […]

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]]> <![CDATA[Iron and steel sector contributed 5.5% to the GDP of Ukraine in 2025]]> https://gmk.center/en/news/iron-and-steel-sector-contributed-5-5-to-the-gdp-of-ukraine-in-2025/ Tue, 21 Apr 2026 09:23:22 +0000 https://gmk.center/?post_type=news&p=122754 Ukraine’s iron & steel sector has been among the hardest hit by the war, nevertheless, it remains a cornerstone of the national economy, contributing 5.5% to GDP in 2025. It’s stated in the GMK Center study “Economic impact of iron & steel industry of Ukraine 2025”. The share of the iron & steel industry decreased […]

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]]> <![CDATA[China is stepping up efforts to stabilize the steel market]]> https://gmk.center/en/news/china-is-stepping-up-efforts-to-stabilize-the-steel-market/ Fri, 17 Apr 2026 10:57:45 +0000 https://gmk.center/?post_type=news&p=122691 China is stepping up efforts to combat “involution”-style competition in its steel sector. This was stated by Xia Nong, vice president of the China Iron and Steel Association (CISA), at a conference on the subject, according to China Daily. This involves introducing stricter controls on steel production, exploring new capacity management mechanisms, and coordinating efforts […]

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]]> <![CDATA[Steel production in China fell by 4.6% y/y in Q1]]> https://gmk.center/en/news/steel-production-in-china-fell-by-4-6-y-y-in-q1/ Thu, 16 Apr 2026 14:31:59 +0000 https://gmk.center/?post_type=news&p=122670 Steel production in China fell by 4.6% y/y in the first quarter of 2026, to 247.55 million tons. This is according to data from the country’s National Bureau of Statistics, as reported by TradingView. The downward trend intensified in March, when output fell by 6.3% year-on-year – to 87.04 million tons, marking the lowest figure […]

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]]> <![CDATA[India plans to reach a steel production capacity of 400 million tons by the 2035/2036 fiscal year]]> https://gmk.center/en/news/india-plans-to-reach-a-steel-production-capacity-of-400-million-tons-by-the-2035-2036-fiscal-year/ Fri, 10 Apr 2026 10:22:01 +0000 https://gmk.center/?post_type=news&p=122497 India aims to expand its steel production capacity to 400 million tons by the 2035/2036 fiscal year. This is outlined in the proposed National Steel Policy 2025, according to Reuters. According to a draft government memo from March, which the agency reviewed, India will need capital investments of about 17 trillion rupees ($183.41 billion) to […]

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]]> <![CDATA[Ukraine increased production of rolled steel by 39.5% m/m in March]]> https://gmk.center/en/news/ukraine-increased-production-of-rolled-steel-by-39-5-m-m-in-march/ Thu, 09 Apr 2026 09:05:27 +0000 https://gmk.center/?post_type=news&p=122432 In March 2026 figures, Ukraine’s steel mills increased production of commercial rolled steel by 13.8% compared to the same period in 2025, reaching 544,500 tons. Compared to the previous month, the figure rose by 39.5%. This is evidenced by data from the Ukrmetallurgprom Association. Steel output in Ukraine in March increased by 27.6% year-on-year and […]

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]]> <![CDATA[Tata Steel increased its steel production in India by 8% y/y in FY2025/2026]]> https://gmk.center/en/news/tata-steel-increased-its-steel-production-in-india-by-8-y-y-fy2025-2026/ Wed, 08 Apr 2026 12:45:30 +0000 https://gmk.center/?post_type=news&p=122392 In the 2025/2026 fiscal year (ended March 31), the Indian steelmaker Tata Steel increased its steel production in India by 8% year-over-year to 23.48 million metric tons, according to a report. The growth in steel production was made possible by the expansion of the plant in Kalinganagar, which helped offset the temporary shutdown of Blast […]

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]]> <![CDATA[Turkey’s Kardemir has commissioned CCM No. 2 with an annual capacity of 1.2 million tons]]> https://gmk.center/en/news/turkey-s-kardemir-has-commissioned-ccm-no-2-with-an-annual-capacity-of-1-2-million-tons/ Tue, 07 Apr 2026 07:41:17 +0000 https://gmk.center/?post_type=news&p=122320 On April 3, the Turkish steelmaker Kardemir commissioned its new Continuous Casting Machine (CCM) No. 2, according to SteelOrbis. The new CIG was supplied by the German SMS Group and has an annual production capacity of 1.2 million tons. The equipment is designed to produce semi-finished products of various sizes. This step is part of […]

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]]> <![CDATA[Acciaierie Bertoli Safau has begun construction of a hybrid digital green plant]]> https://gmk.center/en/news/acciaierie-bertoli-safau-has-begun-construction-of-a-hybrid-digital-green-plant/ Mon, 06 Apr 2026 12:11:34 +0000 https://gmk.center/?post_type=news&p=122298 Italian long-product manufacturer Acciaierie Bertoli Safau (ABS), the steelmaking division of the Danieli Group, has begun construction of a hybrid digital “green” plant at its facility in Pozzolo del Friuli. This was announced in a company statement. The €400 million ABS Hybrid Digital Green Plant project (of which €355 million is for Danieli equipment) involves […]

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]]> <![CDATA[China’s steel industry’s green transition will cut emissions by 37% – CREA]]> https://gmk.center/en/news/china-s-steel-industry-s-green-transition-will-cut-emissions-by-37-crea/ Thu, 02 Apr 2026 13:08:29 +0000 https://gmk.center/?post_type=news&p=122216 Analysts at the Centre for Research on Energy and Clean Air (CREA) believe that an accelerated transition of China’s steel industry toward greener production could reduce the sector’s emissions by nearly 37% from peak levels by 2035. This is stated in the company’s report. This scenario calls for prioritizing the development of electric arc furnace […]

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]]> <![CDATA[Zaporizhstal increased steel production by 32.2% m/m in March]]> https://gmk.center/en/news/zaporizhstal-increased-steel-production-by-32-2-m-m-in-march/ Thu, 02 Apr 2026 12:12:21 +0000 https://gmk.center/?post_type=news&p=122207 Zaporizhstal Steel Works, part of the Metinvest Group, increased its steel production by 32.2% in March 2026 compared to the previous month and by 10.4% compared to March 2025, reaching 298,200 metric tons. This is evidenced by the company’s data. Pig iron production for the month rose by 25.1% month-on-month and 6.7% year-on-year, to 316,400 […]

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]]> <![CDATA[Polish company Węglokoks is developing a new business transformation strategy]]> https://gmk.center/en/news/polish-company-weglokoks-is-developing-a-new-business-transformation-strategy/ Wed, 01 Apr 2026 10:02:20 +0000 https://gmk.center/?post_type=news&p=122143 The Polish group of companies Węglokoks plans to invest over $2.3 billion by 2030 as part of a new strategy aimed at business transformation and revenue diversification. This was reported by the wnp portal. Węglokoks aims to no longer be associated exclusively with coal, planning to focus in the future on sectors such as steel, […]

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]]> <![CDATA[The impact of the CBAM on iron and steel sector and the Ukrainian economy]]> https://gmk.center/en/infographic/the-impact-of-the-cbam-on-the-mining-and-metallurgical-sector-and-the-ukrainian-economy/ Wed, 01 Apr 2026 09:00:40 +0000 https://gmk.center/?post_type=infographic&p=122051 The EU’s Carbon Border Adjustment Mechanism (CBAM) has already become not only a climate policy tool but also a significant trade barrier for Ukraine’s steel industry. According to GMK Center estimates, the cumulative impact of CBAM on the ferrous steel sector and related supply chains alone could result in a loss of 2.1% of Ukraine’s […]

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]]> <![CDATA[Leading global steel producers are lagging significantly behind in decarbonization efforts]]> https://gmk.center/en/news/leading-global-steel-producers-are-lagging-significantly-behind-in-decarbonization-efforts/ Wed, 01 Apr 2026 08:00:48 +0000 https://gmk.center/?post_type=news&p=122136 Leading global steel producers are lagging behind in decarbonization efforts despite their stated long-term goals. This is evidenced by the first corporate scorecard released by the international non-profit organization SteelWatch. SteelWatch assessed 18 leading steel companies operating in 29 countries. The organization’s corporate ranking includes SSAB, thyssenkrupp, ArcelorMittal, Ternium, JSW, Cleveland-Cliffs, NLMK, US Steel, Gerdau, […]

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]]> <![CDATA[Poland reduced steel production by 19.5% y/y in January–February]]> https://gmk.center/en/news/poland-reduced-steel-production-by-19-5-y-y-in-january-february/ Fri, 27 Mar 2026 10:26:06 +0000 https://gmk.center/?post_type=news&p=121965 In January–February 2026, Polish steelmakers reduced steel production by 19.5% compared to the same period in 2025, down to 990,000 tons. This is according to calculations by the GMK Center based on data from the World Steel Association. In February, Polish steelmakers produced 470,000 tons of steel, which is 20.9% less than in February 2025 […]

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]]> <![CDATA[The OECD warns of a deepening crisis in the global steel industry]]> https://gmk.center/en/news/the-oecd-warns-of-a-deepening-crisis-in-the-global-steel-industry/ Wed, 25 Mar 2026 09:32:55 +0000 https://gmk.center/?post_type=news&p=121837 At the 99th session of the Steel Committee of the Organization for Economic Cooperation and Development (OECD), participants noted a further deterioration of the situation in the global steel market due to rising global excess capacity, increasing trade distortions, and schemes to circumvent restrictions. The meeting on March 23–24, 2026, was attended by 288 representatives […]

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]]> <![CDATA[Germany increased steel production by 4.8% y/y in February]]> https://gmk.center/en/news/germany-increased-steel-production-by-4-8-y-y-in-february/ Tue, 24 Mar 2026 14:33:18 +0000 https://gmk.center/?post_type=news&p=121805 In February 2026, German steelmakers increased steel production by 4.8% y/y – to 2.83 million tons. Compared to the previous month, production fell by 8.1%. This is according to data from the German Steel Association (WV Stahl). Last month, 1.97 million tons of steel were produced in basic oxygen furnaces (+7.3% y/y; -10.9% m/m), and […]

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]]> <![CDATA[Global steel production fell by 2.2% y/y in February]]> https://gmk.center/en/news/global-steel-production-fell-by-2-2-y-y-in-february/ Tue, 24 Mar 2026 12:06:30 +0000 https://gmk.center/?post_type=news&p=121784 Global steel production in February 2026 fell by 2.2% year-over-year and by 3.7% month-over-month, reaching 141.8 million tons. This is according to the World Steel Association’s global ranking of steel-producing countries (69). In the first two months of the year, global steel output totaled 298.2 million tons (-1.5% year-on-year). Total steel production in the CIS […]

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