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steel production - Latest news GMK Center

Photo – SHS-Gruppe secures financing for Power4Steel transformation project
SHS-Gruppe secures financing for Power4Steel transformation project

Total financing package amounts to approximately €1.7 billion

Photo – Tata Steel increased steel production in India by 7% y/y in July-September
Tata Steel increased steel production in India by 7% y/y in July-September

In the first half of the current fiscal year, this figure grew by 3% year-on-year

Photo – ArcelorMittal Fos-sur-Mer shut down blast furnace No. 2 due to a fire
ArcelorMittal Fos-sur-Mer shut down blast furnace No. 2 due to a fire

An accident on the transport conveyors forced the company to shut down the workshop and may have consequences for the entire plant

Photo – Ukraine produced 4.8 million tons of rolled steel in January-September
Ukraine produced 4.8 million tons of rolled steel in January-September

Pig iron production amounted to 5.79 million tons, and steel production amounted to 5.52 million tons

Photo – Třinecké železárny resumed operation of blast furnace No. 4 after modernization
Třinecké železárny resumed operation of blast furnace No. 4 after modernization

The upgrade took 42 days, and the investment amounted to CZK 700 million

Photo – Germany’s Social Democrats call for a “buy European” policy in the steel industry
Germany’s Social Democrats call for a “buy European” policy in the steel industry

The SPD proposes that the EU limit steel imports with quotas and tighten controls on Russian products

Photo – Huta Częstochowa completes transfer to Ministry of Defense ownership
Huta Częstochowa completes transfer to Ministry of Defense ownership

Lawyers are in the final stages of agreeing the deal. The company is preparing for production for defense and energy

Photo – Jindal Steel has commissioned a new oxygen converter with a capacity of 3 million tons per year
Jindal Steel has commissioned a new oxygen converter with a capacity of 3 million tons per year

The company is increasing the annual steel production capacity at its Anguli steel plant to 9 million tons

Photo – Gerdau has suspended planned investments in Brazil worth $400 million
Gerdau has suspended planned investments in Brazil worth $400 million

Instead, the company is counting on growth in the US

Photo – German steelmakers insist on a permanent solution for high electricity tariffs
German steelmakers insist on a permanent solution for high electricity tariffs

The industry demands long-term government support to reduce electricity transmission costs and ensure competitiveness

Photo – Austria produced 667,000 tons of steel in August
Austria produced 667,000 tons of steel in August

During January-August, the industry's production figures fell by 0.8% year-on-year

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