steel production - Latest news GMK Center

The Luxembourg plant is preparing for a new owner, awaiting the resumption of production

The company expects demand to grow and counts on the EU's support in addressing energy prices

Flat products production increased by 27% y/y over the month

During the month, Italian steelmakers produced 1.69 million tons of steel

Due to the influx of cheap imports and high electricity prices, European manufacturers are on the verge of survival

Steel production volumes increased by 19% year-on-year in the year under review

The company produced 15.73 million tons of iron ore concentrate and 4.28 million tons of coal concentrate.

The company is looking for ways to reduce pressure in the EU by maintaining production but optimizing business processes

Any sale or transfer of a company to foreign investors will now require state approval

Pig iron production for the month amounted to 595 thousand tons and steel production – to 611 thousand tons

Despite a slight recovery in 2024, the capacities of key producing countries remain underutilized

The company has an order book of 740 thousand tons for the next three months