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steel production - Latest news GMK Center

Photo – France cut steel production by 6.2% m/m in November 2022
France cut steel production by 6.2% m/m in November 2022

In January-November, French steelmakers reduced steel production by 11.6% y/y

Photo – Turkiye reduced steel production by 22.4% m/m in November 2022
Turkiye reduced steel production by 22.4% m/m in November 2022

In January-November 2022, Turkish steelmakers reduced steel production by 12.3%

Photo – Spain cut steel production by 6.4% m/m in November 2022
Spain cut steel production by 6.4% m/m in November 2022

In January-November 2022, Spanish steelmakers produced 10.77 million tons of steel

Photo – Steel prices in China in 2023 will depend on the level of demand
Steel prices in China in 2023 will depend on the level of demand

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

Photo – Italy reduced steel production by 15.1% y/y in November 2022
Italy reduced steel production by 15.1% y/y in November 2022

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

Photo – Germany cut steel production by 18% y/y in November 2022
Germany cut steel production by 18% y/y in November 2022

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

Photo – Global steel output in November 2022 decreased by 2.6% y/y
Global steel output in November 2022 decreased by 2.6% y/y

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

Photo – The global output of stainless steel fell by 5.1% y/y in January-September 2022
The global output of stainless steel fell by 5.1% y/y in January-September 2022

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

Photo – The EIB granted Danieli a loan of €350 million for the modernization of two ABS plants
The EIB granted Danieli a loan of €350 million for the modernization of two ABS plants

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

Photo – The Stalkanat plant is operating at 10% capacity due to limited energy supply
The Stalkanat plant is operating at 10% capacity due to limited energy supply

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

Photo – The OECD expects the growth of global steel capacity by 5.9% by 2025
The OECD expects the growth of global steel capacity by 5.9% by 2025

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

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