steel production

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Acciaierie d’Italia steel mill is under threat of shutdown

According to trade unions, the company is shutting down another blast furnace at the plant in Taranto

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Steel consumption in Ukraine to grow by 20% in 2023

The increase in the indicator is primarily related to the activation of state projects

REUTERS
Spain reduced steel production by 2.7% y/y in 2023

During the year, Spanish steelmakers produced 11.26 million tons of steel

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Romanian steel wire producer Dan Steel is sold for €7.5 million

At the first auctions for the sale of the plant, which were held last year, the starting price of the enterprise was €25-28 million

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France reduced steel production by 17.4% y/y in 2023

In December, steel production in the country fell to a record low level of 325,000 tons

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Turkiye reduced steel output by 4% y/y

Turkish steelmakers produced 33.71 million tons of steel in 2023

Global steel production in 2023 decreased by 0.1% y/y

Steel production in the 71st country for the year amounted to 1.85 billion tons

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India seeks to significantly increase the use of scrap in steel production

The country aims to increase the share of this raw material in steel industry to 50% by 2047

Challenges and priorities for industry in Ukraine during the war

Companies have adapted to new conditions, but new problems constantly arise

biz.censor.net
ArcelorMittal Kryvyi Rih reduced steel production by 18.5% y/y in 2023

During the year, the steel division of the enterprise worked at 25-30% of the total capacity

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Germany reduced steel production by 3.9% y/y in 2023

Production of pig iron decreased by 0.9% y/y, and rolled steel – by 3.6% y/y

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Hyundai Steel plans to overhaul electric arc furnaces in 2024

Market participants are also discussing the possible repair of the rebar production line

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