steel production - Latest news GMK Center

The complex will have a capacity of 4 million tons per year

In January-November 2022, the volume of steel production in the country fell by 1.4% y/y

In 11 months of 2022, steel production in Italy decreased by 11.2% y/y

In 11 months of 2022, German steelmakers reduced steel production by 7.9% y/y

Total production in the CIS countries and Ukraine for the month decreased by 24.6% y/y

The largest drop in stainless steel production was recorded in the USA – by 13.2% y/y

€227.5 million will be allocated to the Italian plant Acciaierie Bertoli SpA and the Croatian Acciaierie Bertoli Safu Sisak doo

The company is considering the possibility of installing a generator at the enterprise to stabilize work

Continuous investment activity provokes an excess of steelmaking capacity, especially in Asia

Disruptions in supply chain are not the main problem now. War worsens current economic situation globally

The autumn months adjusted the cost of electricity by an average of €300 MWh from the peak price in August 2022 – to €150 MWh

The volume of steel production at the plant in Taranto in 2021 amounted to only 3 million tons