steel production - Latest news GMK Center

About 3.5 million tons will be needed for solar and nuclear power plants

The main reasons for the decline in steel production are low demand and high energy costs

The energy market regulatory body also reduced the maximum price of electricity on the free market to 4.2 thousand lira/MWh

Loads of steel mills have decreased due to falling global demand for steel and rising electricity costs

This winter, the stops will be longer due to the unfavorable market conditions

The largest number of steel products was launched in the segment of rolled products – 8 units

In the sector of mining and beneficiation of ferrous metals, profits decreased by 27.6% y/y

Indian rolled steel export unlikely to return to FY2020/2021 levels

Ukrainian iron and steel industry is significantly affected by problems with electricity supply and disruptions in logistics

In January-November 2022, the country's steelmakers reduced steel production by 7.9% y/y

Rolled steel production at the mill was suspended due to problems with the unit

In Germany, steel output fell by 11.8% m/m, in Italy – by 7.9% m/m