icon

steel production - Latest news GMK Center

Photo – Italian long steel companies to stop production due to the energy crisis
Italian long steel companies to stop production due to the energy crisis

Factories may idle capacity after summer shutdowns for repairs if buyers refuse to accept higher prices

Photo – Tata Steel has received permission to build a steel plant in Ludhiana
Tata Steel has received permission to build a steel plant in Ludhiana

The company plans to invest $325.8 million in the construction of a new electro-steel plant

Photo – The USA increased steel imports by 10% in January-July
The USA increased steel imports by 10% in January-July

The import of finished steel products increased by 31.8% in the first half of 2022

Photo – The Indian government obliged steelmakers to reduce emissions by 40% by 2030
The Indian government obliged steelmakers to reduce emissions by 40% by 2030

India's steel minister calls on companies to switch to electric steelmaking instead of BOF's production

Photo – Global steel production fell by 6.5% y/y in July
Global steel production fell by 6.5% y/y in July

Total production in the CIS countries and Ukraine decreased by 29.1% for the month

Photo – Germany cut steel production by 6.9% in July
Germany cut steel production by 6.9% in July

According to the results of January-July, German steelamakers reduced steel output by 5.1%

Photo – Steel production in China fell by 6.4% in July
Steel production in China fell by 6.4% in July

The total volume of production was 81.4 million tons

Photo – Chinese Hebei decided to decommission blast furnaces’ work with a volume less than 1 thousand cubic meters
Chinese Hebei decided to decommission blast furnaces’ work with a volume less than 1 thousand cubic meters

Development and Reform Commission introduces "six modernization" tools for provincial iron and steel industry

Photo – Kametstal set up the production of round bars for machine building and blacksmithing
Kametstal set up the production of round bars for machine building and blacksmithing

In July, at mill 400/200, steelmakers conducted experimental rolling of circles with a diameter of 22, 24 and 26 mm

Photo – India became steel net importer in July
India became steel net importer in July

Due to the 15% export duty, the country shipped 380,000 tons of steel abroad, while importing 444,000 tons

Photo – Primetals has completed the 1st phase of the control system modernization for Voestalpine
Primetals has completed the 1st phase of the control system modernization for Voestalpine

Modernization takes place at the company's plant in Linz, Austria

Photo – US steelmakers plan to increase production of rolled products by the end of the year – Argus
US steelmakers plan to increase production of rolled products by the end of the year – Argus

The four largest steel producers in the United States expect stabilization or growth in demand in the second half of the year

1 114 115 116 117 118 125