steel production

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Metinvest plans to build a green steel plant in Piombino – CEO

The steel plant will use iron ore raw materials from Ukraine

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CISA calls on Chinese steel mills to reduce capacity utilization

The industry association suggests planning production based on steel sales

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Austria increased steel production by 8.6% y/y in February

In one month, Austrian steelmakers produced 580,000 tons of steel

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Acciaierie d’Italia to receive additional €120 million to cover debts

The financial guarantee for the transaction was provided by the Sace Group, controlled by the Italian Ministry of Economy

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Türkiye cut steel production by 5% m/m in February

During the month, Turkish steelmakers produced 3.08 million tons of steel

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Türkiye’s steel industry needs EU-style subsidies and support – EIB

The industry should focus on investments in high-quality products and renewable energy sources

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Italy allocates €150 million for maintenance of Acciaierie d’Italia plant in Taranto

The government is also seeking to speed up a bridge loan for the troubled steelmaker

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Poland reduced steel production by 10.1% y/y in February

In January-February, the indicator decreased by 3.9% y/y

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Spain reduced steel production by 10.6% y/y in February

During January-February, Spanish steelmakers increased steel output by 2.6% y/y

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France reduced steel production by 10.2% y/y in February

In January-February 2024, French steelmakers reduced steel production by 4.6% y/y

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Global steel production increased by 3.7% y/y in February

Steel production in the 71st country for the month amounted to 148.8 million tons

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Italy increased steel production by 10.9% m/m in February

Long products production grew by 30.8% m/m over the month, while flat products production fell by 14.6% m/m.

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