icon

steel production - Latest news GMK Center

Photo – Acciaierie d’Italia’s authorized representatives received the green light for sale negotiations
Acciaierie d’Italia’s authorized representatives received the green light for sale negotiations

Azerbaijani consortium requests €5.5 billion in government incentives

Photo – Swedish Ovako launches new energy-efficient furnace in Boxholm
Swedish Ovako launches new energy-efficient furnace in Boxholm

The unit reduces energy consumption by 50% and is ready to operate on hydrogen

Photo – Spain increased steel production by 8.9% y/y in February
Spain increased steel production by 8.9% y/y in February

During the month, Spanish steelmakers produced 1.03 million tons of steel

Photo – Turkish Koc Metallurgy to suspend production at two plants
Turkish Koc Metallurgy to suspend production at two plants

Production suspension due to annual scheduled maintenance

Photo – France increased steel production by 21.2% m/m in February
France increased steel production by 21.2% m/m in February

During the month, French steelmakers produced 915 thousand tons of steel

Photo – Marcegaglia plans to invest €750 million to restart plant in FOS-sur-Mer
Marcegaglia plans to invest €750 million to restart plant in FOS-sur-Mer

French Minister of Industry and Energy Marc Ferracci visited the company's plant

Photo – Turkey reduced steel production by 8.7% m/m in February
Turkey reduced steel production by 8.7% m/m in February

Pig iron production fell by 6.2% m/m over the month

Photo – Global steel production in February decreased by 3.4% y/y
Global steel production in February decreased by 3.4% y/y

Steel production in 69 producing countries amounted to 144.7 million tons in the month

Photo – A number of Chinese steelmakers have started to cut production
A number of Chinese steelmakers have started to cut production

This comes amid the government's announcement of the following steps

Photo – Italy increased steel production by 5.9% m/m in February
Italy increased steel production by 5.9% m/m in February

In January-February, the indicator grew by 1.2% y/

Photo – Germany reduced steel production by 13.5% y/y in February
Germany reduced steel production by 13.5% y/y in February

Since the beginning of the year, the indicator has decreased by 13.1% y/y

Photo – Emissions in China’s steel industry increased by 3.3% y/y in February
Emissions in China’s steel industry increased by 3.3% y/y in February

Energy consumption in the industry decreased by 3.1% y/y during the month

1 29 30 31 32 33 124