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steel production - Latest news GMK Center

Photo – Germany convenes steel summit in light of ongoing crisis in the sector
Germany convenes steel summit in light of ongoing crisis in the sector

Friedrich Merz invited the government and business community to discuss ways to support the industry on November 6.

Photo – Chinese steelmakers face new pressure amid rising raw material costs
Chinese steelmakers face new pressure amid rising raw material costs

The recovery observed in the third quarter may come to an end

Photo – Belgium increased steel production by 12.2% m/m in September
Belgium increased steel production by 12.2% m/m in September

During January-September, production decreased by 0.7% y/y

Photo – Baosteel more than doubled its net profit in the third quarter
Baosteel more than doubled its net profit in the third quarter

The indicators are mainly due to better-than-expected domestic demand in China.

Photo – Pittini Group suspends Ferriere Nord operations in Ozzoppo due to fire
Pittini Group suspends Ferriere Nord operations in Ozzoppo due to fire

Production at one of the company's main sites has been temporarily suspended for technical inspection.

Photo – Austria increased steel production by 36.5% y/y in September
Austria increased steel production by 36.5% y/y in September

During January-September, the industry's production indicators grew by 2.4% year-on-year

Photo – Poland reduced steel production by 11.3% y/y in September
Poland reduced steel production by 11.3% y/y in September

In January-September, production increased by 5.2% y/y

Photo – Thyssenkrupp shuts down blast furnace in Duisburg due to weak demand and imports
Thyssenkrupp shuts down blast furnace in Duisburg due to weak demand and imports

German producer suspends BF9 amid structural changes in the EU and pressure from cheap imports

Photo – Spain increased steel production by 11% m/m in September
Spain increased steel production by 11% m/m in September

Over 9 months, the indicator increased by 2.2%, reducing the growth rate to the lowest level since the beginning of the year

Photo – China to tighten rules for replacing steel capacity
China to tighten rules for replacing steel capacity

The new plan, in particular, aims to restore the balance between supply and demand

Photo – France cut steel production by 20.8% y/y in September
France cut steel production by 20.8% y/y in September

In January-September, French steelmakers decreased by 9.7% y/y

Photo – Cognor officially launches new rolling line in Poland
Cognor officially launches new rolling line in Poland

The plant can produce up to 180 standard sizes of steel profiles

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