steel production

(c) financialtribune
US reduced steel imports by 4% m/m in August

Imports of rolled products into the US increased by 1.4% m/m over the month

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Spain reduced steel production by 12.2% m/m in August

In January-August, Spanish steelmakers reduced steel production by 7.1% y/y

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Turkiye reduced steel production by 3.5% m/m in August

During the month, Turkish steelmakers produced 2.79 million tons of steel

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Global steel production in August increased by 2.2% y/y

Total production in the CIS countries + Ukraine for the month increased by 10.7% y/y

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Germany reduced steel output by 4.2% y/y in January-August

Production of pig iron in the country decreased by 0.1% y/y in this period

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Poland should stimulate industry to green energy transition

The country should also make better use of scrap stocks to make decarbonization cheaper

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Italy reduced steel production by 53% m/m in August

Italian steelmakers reduced steel output by 4% y/y in January-August

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Japan’s JFE Steel stopped blast furnace production at the Keihin steel plant

This is due to the reduction of domestic demand and the growth of competition from China

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Steel production in China decreased by 4.8% m/m in August

Chinese steelmakers increased steel output by 2.6% y/y in January-August

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UAE companies consortium to build 4 steel plants in the country

130,000 square meters were allocated for the implementation of the corresponding project in the industrial city of Umm-el-Quwain

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Ulanhot Steel launches a new blast furnace at a plant in northern China

The capacity of the unit is estimated at 1.13 million tons of pig iron per year

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Turkish steelmakers need support in the fight against rising imports

TCUD believes that the steel sector industry needs competitive energy prices

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