steel production
Turkiye reduced steel production by 19.2% m/m in February 2023

During the month, Turkish steelmakers produced 2.1 million tons of steel
Voestalpine plans to invest €1.5 billion in the decarbonization of capacities

The company intends to allocate funds to the construction of two electric arc furnaces at the plants in Linz and Donavitsa by 2027
DMZ produced 16,000 tons of products in rolling shop №2 during February-March

The vast majority of the order consisted of the mine rack SVP-27 and several names of channels and angles
Global steel production fell by 1% y/y in February

Total production in the CIS countries+Ukraine for the month fell by 21.3% y/y
Kazakhstan reduced steel production by 24.3% y/y in February

Flat rolled production in February 2023 fell by 9.5% year-on-year
Thyssenkrupp renews efforts to sell steel division

The company is working with the American bank Goldman Sachs to explore options for selling the division
Global steel industry to generate high profits in 2023 — Moody’s

Global demand for steel improved at the start of this year
Germany reduced steel production by 6.9% y/y in February

Pig iron production in the country decreased by 1.1% y/y in February
The level of blast furnace capacity utilization in China has reached a 5-month high

The trend of increasing pig iron smelting in the country's blast furnaces has been observed for the 10th week in a row
Italy reduced steel production by 7.3% y/y in February

In January-February, Italian steelmakers reduced steel output by 10.8% y/y

Zaporizhstal puts blast furnace №2 into operation

The blast furnace will reach planned production capacity in the first decade of April
Interpipe Steel was forced to suspend work due to a shortage of scrap

The shortage of scrap metal is caused by a difficult situation with the collection of raw materials, at the same time, its exports increased by 3.5 times

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