steel production

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Apparent steel consumption in Latin America to decline by 2.7% y/y in 2024 – Alacero

Steel production in the region is expected to fall by 3.6% year-on-year

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Italy increased steel production by 9% m/m in October

For 10 months, Italian steelmakers have reduced production by 4.7% y/y

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China increased steel production by 6.2% m/m in October

In January-October, the company's production decreased by 3% y/y

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ArcelorMittal and China Oriental set up an electric steel plant in China

Companies are joining forces to produce electrical steel in China, investing in modern technology and environmentally friendly materials

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Global trade unions are concerned about large-scale job losses in the steel industry

Workers' representatives are calling for increased state investment to support steelmakers

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Conflict between Liberty Steel and the Hungarian government escalates due to Dunaferr downtime

The Hungarian government accuses the company of non-payment of wages and delayed production resumption, threatening bankruptcy

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Steelmakers and trade unions insist on urgent protection of the EU steel industry

The plan should be published in the first 100 days of the new European Commission's work

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Vítkovice Steel regains profit in 2023 after a long period of loss

The company achieved the best financial result in the last 15 years

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A new rolling plant worth hundreds of millions of zlotys to be built in Polish Silesia

Construction completion is scheduled for December 2024, and production is expected to start in Q1 2025

Nucor Louisiana reaches world record for DRI production per day

Production of cold DRI 330.3 tons per hour, or 7.93 thousand tons per day

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Low steel prices affect Tata Steel’s performance in the UK and the Netherlands

The company notes that the global operating environment remains challenging

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