steel production - Latest news GMK Center

Over the last three months of 2022, the capacity utilization rate has dropped to 60%

Starting from October 2022, the company increased the product cost surcharges to €639/t compared to €480/t a month earlier

In September 2022, China imported 895,000 tons of steel

Sales volume fell by 10% compared to the same period last year

This project has already been approved by the Ministry of Environment and Urbanization of Turkiye

Producers will reduce product prices amid falling electricity costs

Steel production in India in April-September 2022 increased by 7% year-on-year

Activity in the European HRC market remains low

Due to this, it is planned to reduce problems in the industry and accelerate the achievement of the goal of 300 million tons of capacity by 2030

This is the second batch produced at the plant since the beginning of the war by order of domestic consumers

In January-August 2022, steel production by Turkish steelmakers decreased by 8.8% year-on-year

The long-term goal is to reduce carbon emissions by 50% by 2047