steel production

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China reduced steel production by 1.4% y/y in January-May

Analysts expect a decrease in steel production in China in 2024 by 1.1% y/y

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BMI expects global steel production to grow by 1.2% y/y in 2024

The deterioration of the global industrial and economic outlook will have a negative impact on the production of steel in the world

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India’s Steel Mont and Oman’s VGS are interested in acquiring Acciaierie d’Italia

Recently, company representatives visited ADI facilities in Genoa, Novi Ligure and Taranto

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Federacciai calls for support for the Italian electrosteel sector

Issues include the cost of energy and the availability of scrap

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Tata Steel Netherlands increased steel production by 24% q/q in Q1

Steel shipments increased by 10% q/q in 3 months

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Turkey increased steel exports by 49.4% y/y in January-April

The increase in the indicator was mainly due to the increase in the export of flat rolled products – by 84.4% y/y

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Tata Steel increased steel production by 4.5% q/q in Q1

During this period, steel shipments increased by 11.6% q/q

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Austria reduced steel production by 8.4% m/m in April

In one month, Austrian steelmakers produced 633,000 tons of steel

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Danieli invests in the development of its ABS steel division

It is about investments of €600 million in the next 2-3 years

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Leading Chinese steel provinces cut steel production in January-April

Four of the seven largest steel regions recorded a decline in steel production

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Poland reduced steel production by 9.9% m/m in April

In January-April, the indicator decreased by 0.9% y/y

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Romania plans to resume operation of Otelu Rosu steel plant

UMB's new investor will invest over €300 million to restart the company, which has been idle since 2013

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