steel production

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France reduced steel production by 14.1% m/m in May

The production rate fell by 33.2% y/y

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Turkiye increased steel production by 7.5% m/m in May

During the month, Turkish steelmakers produced 2.88 million tons of steel

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Global steel production decreased by 5.1% y/y in May

Total production in the CIS countries + Ukraine for the month increased by 11.5% y/y

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Germany increased steel production by 2.7% m/m in May

In May, the production of pig iron in the country increased by 1.4% m/m

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Weather conditions in China may adjust demand for steel and iron ore

Unfavorable weather slowed down work at a number of construction sites

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Italy reduced steel production by 9.5% y/y in May

In January-May, Italian steelmakers reduced steel output by 7.9% y/y

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Kazakhstan reduced steel production by 4.8% m/m in May

In January-May, the country's steel enterprises reduced steel production by 9.4% y/y

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Industrial production in China’s steel industry grew by 3.1% y/y in May

Since the beginning of the year, the indicator of industrial production in the steel sector has increased by 5% y/y

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Italy’s visible long steel consumption in 2022 fell by 6.8% y/y

The export of graded products from Italy fell by 11.3% y/y, and the import – by 3.3% y/y

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China in January-May increased steel production by 1.6% y/y

In May, Chinese steelmakers reduced their steel output by 7.3% y/y

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Germany promises to support the country’s steel industry

The government is going to promote the decarbonization of production processes in steel sector

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JSW Steel increased steel production by 8% y/y in May

In this period, the company's Indian enterprises increased steel production by almost 6% y/y

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