steel production
Czech Republic reduced steel exports to a 14-year low in the first half of 2023

Imports of steel products also fell sharply over 6 months – by more than 500 thousand tons

Acciaierie d’Italia needs to restore liquidity

The Taranto iron and steel plant must restore a minimum level of normal operation
Belgium reduced steel production by 23.5% m/m in August

In January-August, Belgian steelmakers reduced steel production by 9.5% y/y
Austria reduced steel production by 33% m/m in August

In January-August, the country's steelmakers reduced steel production by 6.7% y/y

Thyssenkrupp is in talks to sell part of its business to a Czech billionaire

The agreement is expected to include the sale of 50% of the steel division to Daniel Kretynskyi
OECD is concerned about the deterioration of conditions on the global steel market

Overcapacity in the future could have a significant impact on the industry
Spain cut scrap consumption to a six-month low in July

During the month, Spanish steelmakers consumed 587,000 tons of scrap
The situation at the Acciaierie d’Italia remains difficult

ADI President calls for company survival to be guaranteed, unions point out industrial plan is not being implemented
France reduced steel production by 8.6% y/y in August

Compared to the previous month, the indicator remained unchanged
European rolled steel producers may reduce production in the fourth quarter

Thus, EU steelmakers will try to balance supply and demand
Brazil’s steelmakers will invest $12.5 billion in the industry over the next four years

The industry is showing confidence despite adverse conditions
Poland increased steel production by 26.4% m/m in August

In January-August, the country's steelmakers reduced steel production by 20.3% y/y

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