steel production - Latest news GMK Center

Since the beginning of the year, the indicator has decreased by 12.5% y/y

Steel production in 69 producing countries amounted to 166.1 million tons in the month

Energy consumption in the industry increased by 2.1% y/y during the month

During January and March, the indicator grew by 3.1% y/y

The company aims to be the first in India to receive three stars in the new environmental classification of steel

Company uses carbon capture and green hydrogen to decarbonize operations

In April, steel output is likely to fall amid uncertainty over exports and domestic demand

Possible partnership is a response to US steel tariffs

Special powers granted to the government to save primary steel production in the country

The company will remain independent and continue its transformation towards green steel

The equipment will be supplied by Italian Danieli

The company announced the move after the approval of a government grant