steel production - Latest news GMK Center

Declining steel production is a new global trend

Against the backdrop of the development of electric steelmaking in the country, scrap processing capacities will increase by 30 million tons

The Purchasing Managers' Index expectations in the steel industry in China in July fell by another 3.2 percentage points.

As a result, it is planned to prepare possible relaxations regarding the export of raw materials and the disposal of military equipment

The plant with a capacity of 4 million tons of steel per year left only one blast furnace in operation due to weak demand and high production costs

Nine European plants fully or partially suspended steel production

German authorities plan to give priority in the supply of natural gas to the population, not to industrial consumers

During the same period, the company's operating revenue amounted to $73.6 billion.

The rolling shop of the plant produced almost 8 thousand tons of rebar, more than 20 thousand tons of wire rod and 1.5 thousand tons of round steel

Iron ore production fell by 2% in six months

Imports of finished products increased by 34.7% in six months

Cheap Russian steel products lead to a drop in production and income of local manufacturers