steel production - Latest news GMK Center

The indicator has been declining for the eighth consecutive month in annual comparison

Producers call on the government and the EU to maintain the competitiveness of the steel industry

During January-August, the indicator grew by 3% y/y

The only operating blast furnace at the Taranto plant has been shut down unexpectedly

The industry is affected by rising imports and underutilized capacity

The government is closely monitoring the situation surrounding the steel giant's assets

VWStahl stresses that without lower electricity prices, German steel will lose its competitiveness

From January to August, the figure dropped 2.8% year-on-year

Support covers debt restructuring, recapitalization, and investments in modernization

Pig iron production amounted to 5.11 million tons, and steel production amounted to 4.91 million tons

Iron ore imports decreased by 1.6% y/y during the period

During January-July, the indicator grew by 2.8% y/y