icon

steel production - Latest news GMK Center

Photo – JFE Steel to establish joint venture with India’s JSW worth $3.4 billion
JFE Steel to establish joint venture with India’s JSW worth $3.4 billion

The newly formed division will include the plant of JSW's subsidiary in Odisha

Photo – Germany calls on the EU to promote the use of green steel in the automotive industry
Germany calls on the EU to promote the use of green steel in the automotive industry

11 federal states demand regulatory alignment of climate targets for automotive and steel industries

Photo – Canada’s Algoma Steel to lay off 1,000 workers due to impact of US tariffs
Canada’s Algoma Steel to lay off 1,000 workers due to impact of US tariffs

The company will switch to producing steel exclusively in EAFs a year earlier than planned

Photo – Zaporizhstal increased its rolled steel output by 16% y/y in January-November
Zaporizhstal increased its rolled steel output by 16% y/y in January-November

Steel production increased by 10.9% y/y during the period, while pig iron production increased by 15.4% y/y

Photo – Steel exports from Turkey grew by 12.6% y/y in the first 10 months
Steel exports from Turkey grew by 12.6% y/y in the first 10 months

Turkish steelmakers are boosting sales to foreign markets, increasing the share of exports in the market structure

Photo – Forbes named Metinvest the No. 1 company in Ukraine
Forbes named Metinvest the No. 1 company in Ukraine

Despite asset losses on the front lines and a decline in production, the group maintains its leadership and increases investment

Photo – Strategic protection will strengthen the competitiveness of Turkey’s steel industry – Tosyalı
Strategic protection will strengthen the competitiveness of Turkey’s steel industry – Tosyalı

Measures should protect not only the domestic market, but also exporters

Photo – Acciaierie d’Itali has restarted converter No. 1 at its Taranto plant
Acciaierie d’Itali has restarted converter No. 1 at its Taranto plant

After the incident in early November, repairs to the units took about six days

Photo – Belgium increased steel production by 3.4% m/m in October
Belgium increased steel production by 3.4% m/m in October

During January-October, production decreased by 1.1% y/y

Photo – The Czech Republic will fully compensate Třinecké železárny for indirect CO2 costs in 2024
The Czech Republic will fully compensate Třinecké železárny for indirect CO2 costs in 2024

A total of 32 companies will receive more than CZK 2 billion in support to maintain competitiveness

Photo – Austria increased steel production by 35.8% y/y in October
Austria increased steel production by 35.8% y/y in October

During January-October, the industry's production indicators grew by 5.3% year-on-year

Photo – WV Stahl demands better conditions for steel producers in EAF
WV Stahl demands better conditions for steel producers in EAF

Among the problems facing the sector are electricity prices and uncertainty over the availability of scrap

1 11 12 13 14 15 125