steel production

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US steel industry gets a boost from legislative support

The industry was supported by the CHIPS Act and the infrastructure and inflation reduction laws

trz.cz
Czech government intends to promote decarbonization of Třinecké železárny

The company plans to reduce emissions by 55% by 2030. Investments in green projects are estimated at more than $1.7 billion

corporate.arcelormittal.com
Spain imported 3.8 million tons of steel from third countries in 2023

The main part of the import fell on flat rolled products – 3.33 million tons

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China aims to increase the share of EAF in steel production to 20% by 2030

Seven government agencies made such a proposal

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Sentiment in Poland’s steel industry remains negative – analysts

Recovery of the sector is possible in 2024-2025

metinvest.media
Italy imported 7.2 million tons of steel from third countries in 2023

The export of steel products for the year amounted to 2.03 million tons

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Poland increased steel production by 13.2% m/m in January

During the month, Polish steelmakers produced 590,000 tons of steel

voestalpine.com
Austria increased steel production by 4.5% y/y in January

In one month, Austrian steelmakers produced 623,000 tons of steel

stahl-online.de
Germany increased steel production by 4.9% y/y in January

Production of pig iron for the month increased by 4.7% y/y, and rolled steel – by 6.2% y/y

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Thyssenkrupp’s steel division needs a fundamental reorganization

The head of the supervisory board of the division does not exclude the adjustment of production capacities

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Spain increased steel production by 33.4% m/m in January

During the month, Spanish steelmakers produced 950,000 tons of steel

industriall-union.org
ArcelorMittal Zenica ended 2023 with a loss of $88.2 million

The results of the steel plant in Bosnia were affected by a drop in demand for steel, higher electricity prices and lower steel prices

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