steel production - Latest news GMK Center

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

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

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

Emergency Commissioners sent a request to the government to start negotiations

Consultations on this issue started at the beginning of the year

European steelmakers say energy prices remain a problem

Sales to the US fell by 5% y/y. Poland moved up to fourth place, while Italy and the UK showed growth

The indicator declined despite an increase in steelmakers' profits and exports of finished products

The new organization is designed to promote the development of green steel industry, improve industry efficiency and reduce emissions

The company has cut executive salaries and is considering a voluntary resignation program for employees

Production in blast furnaces increased by 10.8% y/y, while electric arc furnaces decreased by 1.8% y/y

Steel production in the period increased by 4.8% compared to 2023