steel production - Latest news GMK Center

The company's blast furnaces will be partially stopped at enterprises in France, Poland, Spain and Germany

The purpose of the tests is to find out how certain grades of steel perform under ultra-high speed conditions

During the next three months, the electric arc furnaces at the plant will not work for several days a week to save electricity

Two blast furnaces to be built at the Hazira plant by mid-2026

Imports of finished steel products to the USA for 8 months of 2022 increased by 28.7% y/y

The aggregate EBITDA of the largest companies is expected to decline over the next 12 months

The fall in steel production in the UK is taking place against the background of relevant global trends

The steel sector replenishes the budgets of European countries with tens billions of euros, but mass shutdowns of capacities will negatively affect the amount of tax revenues

The Middle East and Asia are the largest producers of DRI – 54.8 million tons and 39.5 million tons, respectively

Steelmakers explain this by a drop in the price and volume of rolled steel shipments

In January-August 2022, German steelmakers reduced steel output by 4.8%