steel production
Turkiye increased steel output to the maximum since June 2022 in October

In January-October, Turkish steelmakers produced 27.45 million tons of steel
Global steel production in October increased by 0.6% y/y

Total production in the CIS countries + Ukraine for the month increased by 12.9% y/y
Germany reduced steel output by 8.8% y/y in October

Pig iron production in the country fell by 4.7% y/y
Ex-Ilva: steel plant in Taranto continues the fight for the future

Acciaierie d'Italia's prospects depend on ArcelorMittal's willingness to invest in the company
ArcelorMittal suspends part of the capacities in Poland and Bosnia

The company suspended the blast furnace at the plant in Zenica (Bosnia and Herzegovina) and the wire rod production plant in Sosnowiec (Poland)
Italy produced 1.93 million tons of steel in October

Over the month, Italian steelmakers reduced steel output by 4.4% y/y and 1.4% m/m
Kazakhstan reduced steel production by 7.1% m/m in October

In January-October, the country's steelmakers increased steel output by 12.6% y/y
Metinvest reduced steel production by 43% y/y in January-September

Production of iron ore concentrate fell by 23% y/y, and coal production increased by 17% y/y
China reduced steel production by 3.7% m/m in October

Steel production in the country has been falling for the fourth month in a row
Aperam reduced shipments by 8.7% y/y in January-September

The company states that a significant decrease in demand continues to be observed in Europe
ArcelorMittal Europe in January-September reduced steel output by 11% y/y

During this period, steel shipments decreased by 7.8% y/y
Japan’s JFE Steel plans to build a large-scale electric arc furnace in 2027

The EAF will replace the blast furnace at the company's Kurasiki plant

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