icon

steel production - Latest news GMK Center

Photo – China’s Ansteel suffered a loss of almost $1 billion in 2024
China’s Ansteel suffered a loss of almost $1 billion in 2024

Last year, the country's steelmakers faced a further deterioration in market conditions

Photo – Węglokoks signs agreement on restructuring of Huta Pokój
Węglokoks signs agreement on restructuring of Huta Pokój

The document provides for optimization, investments and changes for employees of the Polish company

Photo – Belgium increased steel production by 5.9% y/y in January-February
Belgium increased steel production by 5.9% y/y in January-February

In February, the country's steelmakers reduced steel production by 3.3% m/m, but increased it by 1% y/y

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

1 30 31 32 33 34 125