steel production - Latest news GMK Center

Main risks associated with the European market in connection with the introduction of CBAM

Energy consumption in the industry decreased by 4.5% y/y during the month

The company expects its total turnover to grow to $9 billion by the end of the year

The subject of the agreement is the innovative recycled product TSR.

The indicator has been declining for the 11th consecutive month y/y

During January-November, the indicator grew by 2.5% y/y

The plans underscore the company's confidence in domestic demand for steel

Both proposals came from American companies

Production fell below 70 million tons, with a 4% year-on-year decline over 11 months

Currently, the biggest obstacle for applications is the cost requirements.

The shutdown will last from mid-December until the end of the year, and from 2026 the plant in France will temporarily operate at 50% capacity

The European Commission must commit to decisions on steel derivatives, according to a joint statement