steel production - Latest news GMK Center

Government restrictions, weak demand and construction downturn change the dynamics of the steel industry

These funds will allow the company to continue operating while negotiating its sale

The $7.3 billion project is being implemented in three phases, with the prospect of steelmaking

The move is also driven by the deterioration in domestic market conditions

Blast furnace steelmaking accounted for 70.4% of the total volume

Who dominates the global steel market: Chinese giants, European players and American corporations

Pig iron smelting started on June 4, and steel production is expected to start in a few days.

The company strives to respond quickly to the challenges of the rapidly growing Asian market

The company claims to have restored its market position and plans to increase volumes

The country has introduced a «melted and poured» rule for government-funded projects

Pig iron production fell by 11% y/y over the month

The support is for 20 years and covers the first stage of construction of the company's steel plant in the region