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Photo – German GMH Gruppe completes acquisition of Buderus Edelstahl
German GMH Gruppe completes acquisition of Buderus Edelstahl

The integration of Buderus provides an expanded product range, access to new markets, and long-term supply stability

Photo – Relocation of steel production from Germany threatens billions in losses
Relocation of steel production from Germany threatens billions in losses

A study by the University of Mannheim warns of the economic and political risks of deindustrialization

Photo – Ukraine produced 5.38 million tons of rolled steel in January-October
Ukraine produced 5.38 million tons of rolled steel in January-October

Pig iron production amounted to 6.48 million tons, and steel production amounted to 6.17 million tons

Photo – Acciaierie d’Italia performs a series of shutdowns of blast furnace No. 4
Acciaierie d’Italia performs a series of shutdowns of blast furnace No. 4

The company aims to get through the rest of the year without further complications

Photo – South Korea launches large-scale support for steel industry
South Korea launches large-scale support for steel industry

The government allocates 400 billion won to exporters and encourages the transition to green steel

Photo – 150 small steel mills in India have suspended operations due to low steel prices
150 small steel mills in India have suspended operations due to low steel prices

Ministry of Steel warns that prices below cost threaten industry expansion

Photo – ArcelorMittal produced 42.8 million tons of steel in January-September
ArcelorMittal produced 42.8 million tons of steel in January-September

Iron ore production for the period amounted to 35.7 million tons

Photo – Baosteel has reduced its steel production targets
Baosteel has reduced its steel production targets

The company will focus on unlocking the potential of existing resources

Photo – China will promote value-added steel production
China will promote value-added steel production

The future of Chinese steel industry will likely depend primarily on demand

Photo – Zaporizhstal increased its rolled steel output by 14.4% year-on-year in January-October
Zaporizhstal increased its rolled steel output by 14.4% year-on-year in January-October

Steel production increased by 10% y-o-y during the period, while pig iron production increased by 15.1% y-o-y

Photo – Celsa launches a new large-scale financial reorganization
Celsa launches a new large-scale financial reorganization

The company's board of directors approved an €800 million transaction consisting of two parts

Photo – Romanian UMB Steel begins reconstruction of Oțelu Roșu plant
Romanian UMB Steel begins reconstruction of Oțelu Roșu plant

The current stage aims to secure existing structures and equipment

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