steel production - Latest news GMK Center

The industry faces high energy prices and excessive regulation

Electric arc furnaces at China's Hubei Shunle regularly achieve 50 melts per day

In May, Spanish steelmakers increased their performance in monthly and annual comparisons

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