steel production

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Nippon Steel to produce 35 million tons of steel in the 2023/2024 fiscal year

In the 2022/2023 financial year, the company reduced the volume of steel production by 11.4%

41havadis.com
Turkish Yıldız invests more than $152 million in new steel facilities

The construction of the new enterprise is planned to be completed in three years

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Acciaierie d’Italia restarted blast furnace №2

The blast furnace has been idle since July 2022

asia.nikkei.com
China increased steel production by 4.1% y/y in January-April

Chinese steelmakers increased steel output by 1.5% y/y in April

acciaierieditalia.com
Acciaierie d’Italia sold 3 million tons of steel products in 2022

During the year, the company produced 3.5 million tons of steel and 3.3 million tons of pig iron

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Tata Steel to double its steel production capacity in India by 2030

The company sees enough opportunities to increase production capacity to 40 million tons per year

arvedi.it
Arvedi launched the production of carbon-free steel

The company has already concluded an agreement for the supply of environmentally friendly steel to the Mercedes-Benz automobile company

emiratessteelarkan.com
Emirates Steel Arkan increased its profit by more than 2 times in the first quarter

The profit of the steel division in January-March 2023 amounted to $37.44 million

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Italian steelmakers increased revenue from steel exports by 24% y/y in 2022

Costs of importing steel to the country increased by 33% y/y

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China’s electric arc capacity utilization drops to 3-month low

The utilization rate of electric arc furnaces by Chinese steelmakers as of May 4, 2023, was 50.42%

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India increased its steel exports to a 13-month high in April

In one month, Indian steelmakers shipped 855,000 tons of steel for export

zaporizhstal.com
Ukrainian steelmakers increased the production of rolled products by 12.2% m/m in April

Steel production for the month increased by 8.9% m/m, and pig iron – by 16.7% m/m

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