steel production
The Stalkanat plant is operating at 10% capacity due to limited energy supply

The company is considering the possibility of installing a generator at the enterprise to stabilize work
The OECD expects the growth of global steel capacity by 5.9% by 2025

Continuous investment activity provokes an excess of steelmaking capacity, especially in Asia
Impact of Russian-Ukrainian war on global iron & steel trade flows

Disruptions in supply chain are not the main problem now. War worsens current economic situation globally
The reduction of electricity costs made it easier for German steelmakers

The autumn months adjusted the cost of electricity by an average of €300 MWh from the peak price in August 2022 – to €150 MWh

A clear industrial plan is needed to save Acciaierie d’Italia

The volume of steel production at the plant in Taranto in 2021 amounted to only 3 million tons
China reduced steel production by 1.4% y/y in January-November 2022

During this period, the production of steel products fell by 0.7% y/y, and pig iron – by 0.4% y/y
Scrap demand in Italy will fall at the beginning of 2023 due to shutdowns of steel plants

Longer shutdowns of steelmakers for maintenance will affect scrap consumption in the first quarter of 2023
Montenegrin EPCG to purchase the Turkish Tosyali steel plant for €20 million

Toscelik Niksic produces non-alloy steel, roller-bearing steel, tool steel, and heat-resistant steel
Ukrainian steelmakers produced 222,000 tons of rolled steel in November 2022

Pig iron smelting in November 2022 amounted to 335 thousand tons, and steel – 313 thousand tons
ArcelorMittal launches carbon capture and utilization project at Ghent plant

The first plant of this type in the European steel industry cost the company €200 million
China reduced iron ore imports by 2.1% y/y in January-November 2022

In November 2022, the iron ore import decreased by 5.8% year-on-year and by 4.1% more compared to the previous month

US Steel Kosice
Slovakia’s US Steel Kosice has shut down the second of its three blast furnaces until 2023

The shutdown of the unit is due to high electricity costs and a drop in demand for finished products

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