steel production - Latest news GMK Center

Between January and May, French steelmakers reduced production by 2.8% y/y

The main share of sales was accounted for by wire – 941,000 tons, rolled steel – 471,000 tons, and rails – 241,000 tons

Pig iron production fell by 16.3% year-on-year in May

The proposal was made against the backdrop of the cancellation of green projects in the country

Steel production in 70 producing countries amounted to 158.8 million tons in the month

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

Between January and May, the indicator grew by 4.1% y/y

The industry, among other things, asks for predictable energy prices

Rheinmetall and other producers urge steelmakers to increase production of military-grade steel

The unit will be out of service for about a week due to scheduled maintenance

The government's project should become the basis for systemic rescue of the industry and its development until 2050

Reducing dependence on blast furnaces and the use of scrap is part of the development strategy