steel production - Latest news GMK Center

Steel production must be cut until the market returns to a balance between supply and demand

The company expects to reduce production at its European facilities in the fourth quarter of 2022 by 1.5 million tons per year

The cap will apply directly to the price of electricity produced by non-gas plants

After 6 months of war, steelmakers from the Russian Federation are experiencing difficulties with exporting products and buying spare parts for equipment

As part of the project, the company plans to increase the production of billets, rebar, wire rod and bars

The effect of the export duty in the next few months will be a stabilizing factor in the market and will prevent its volatility

Due to the blockade of Ukrainian sea ports, the EU remains the main export destination

Due to the increase in electricity tariffs, Turkish steelmakers are trying to maintain their existing production capacity

Representatives of four Chinese companies visited Pakistan with the aim of acquiring a controlling stake in the Pakistan Steel Corporation

The total production capacity of the enterprises will be more than 6 million tons of steel products per year

The plant has enough orders to continue its activities, the CEO of ArcelorMittal Luxembourg claims

The second largest steel company in Japan is looking to expand its presence in the Indian market