steel production - Latest news GMK Center

Pig iron production in October 2022 increased by 12.6% m/m, while steel production fell by 6.4% m/m

The billet for the production of a new type of product was produced by the Kametstal Iron and Steel Works

Restrictions will apply in 71 countries, or every third country in the world, after the adoption of appropriate measures in the EU and Mexico

Amid correction in energy prices and weak demand, steel prices are forecast to decline during November

In 9 months, the company increased its net revenue by 2.07 times y/y – up to 19.11 billion Swedish crowns ($1.71 billion)

In October 2022, the import of iron ore decreased by 3.7% year-on-year and by 4.75% compared to the previous month

The plant's planned capacity will be about 3 million tons of pellets per year

In January-September 2022, Spanish steelmakers produced 9 million tons of steel

In April-September 2022, the company reduced steel production by 15.8% y/y

Competitiveness of Turkish steel sector under threat due to high production costs and low demand for products

In January-September, steel production in the country fell by 9.3% year-on-year

Survival in the market of metal structures depends on the ability to reorient to the products in demand