steel production - Latest news GMK Center

ESA became the first company to be exempted from duty on steel sales in the UK

As a result of the energy crisis in Europe, the production and supply of steel is reduced, which can positively affect imports from Turkiye

Overview of steel production in the Middle East, analysis of raw material markets, sustainable development and factors of steel consumption in the region

Total production in the CIS countries and Ukraine for the month decreased by 21.9% y/y

In September, the import of iron ore increased by 4.3% year-on-year and increased by 3.6% compared to the previous month

Now the enterprise can independently produce up to 130 lances per month

Local producers are now continuing to discount December deliveries in hopes of securing sales amid weak demand

In January-September 2022, German steelmakers reduced steel output by 6% y/y

More than half of Germany's sheet steel producers could lose existing electricity contracts by 2023

In January-September 2022, steel production decreased by 11.1% y/y

JSW plans to reduce CO2 emissions intensity by 42% by 2030 compared to 2005 base year

Companies are expanding operations in these countries against the background of the energy crisis in Europe and weakening demand in Japan