steel production - Latest news GMK Center

Currently, the biggest obstacle for applications is the cost requirements.

The shutdown will last from mid-December until the end of the year, and from 2026 the plant in France will temporarily operate at 50% capacity

The European Commission must commit to decisions on steel derivatives, according to a joint statement

The company is using complex technology to start up the unit, which has been idle since last summer, and expects results in the coming days

This will push up prices on the world market

The government hopes to find a private buyer for the company, which technically still belongs to the Chinese group

Pig iron production amounted to 7.19 million tons, and steel production amounted to 6.81 million tons

The company will have sufficient resources to fully refinance its obligations

The organization expects domestic steel demand to fall by 2% in 2025

The company has received new approvals for SECURE 500 and SECURE 450, which will cover more than half of the demand for armored vehicles

New plant in Tororo will create 15,000 jobs and strengthen regional industrial integration

The plant will become a state-owned strategic company to strengthen defense production