steel production

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Kazakhstan’s Qarmet shuts down Converter №1 for overhaul

The works are planned to be completed in 90 days

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India’s steel production will exceed 300 million tons by 2030 – forecast

Current demand for steel in the country remains strong thanks to infrastructure support from the government

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Austria produced 633 thousand tons of steel in June

Production decreased by 0.8% compared to June 2023 and by 2.6% m/m

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Spain reduced steel production by 10.8% m/m in June

During January-June, Spanish metallurgists increased steel output by 4.1% y/y

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France in June reduced steel production by 33.3% m/m

In the first half of the year, French steelmakers increased steel output by 6.1% y/y

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China’s macroeconomic indicators showed a downward trend in the first half of the year

In the country during the specified period, the volume of steel smelting fell amid decrease in the margins of steel plants

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Turkey increased steel production by 16.9% y/y in the first half of the year

Pig iron production increased by 31.9% y/y during the period

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Global steel production fell by 2.2% m/m in June

Steel production in the 71st country for the month amounted to 161.4 million tons

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Germany increased steel production by 8.9% y/y in June

Production of pig iron for the month increased by 4.4% y/y, and rolled steel – by 6.7% y/y

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Italy reduced steel production by 3.6% m/m in June

The production of rolled products fell by 8.3% m/m during the month, and the production of flat products increased by 0.5% m/m

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EC approves €320 million loan to Acciaierie d’Italia

Brussels positively assessed the terms of the loan

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China reduced steel production by 1.1% y/y in the first half of the year

In June, the country increased steel production by 0.2% year-on-year

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