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steel production - Latest news GMK Center

Photo – POSCO reduced steel production by 1.1% y/y in 2024
POSCO reduced steel production by 1.1% y/y in 2024

Last year, the company reduced rolled steel sales by 1% year-on-year

Photo – ArcelorMittal produced 57.9 million tons of steel in 2024
ArcelorMittal produced 57.9 million tons of steel in 2024

Iron ore production for the period amounted to 42.4 million tons

Photo – Huta Częstochowa launches plate mill
Huta Częstochowa launches plate mill

Resumption of rolling production completes the process of returning the plant to stable operation after more than a year of downtime

Photo – Acciaierie d’Italia plans to increase steel production to 3.5 million tons in 2025
Acciaierie d’Italia plans to increase steel production to 3.5 million tons in 2025

ADI Commissioners initiate extension of temporary exemptions for another 12 months

Photo – Finland reduced steel production by 3.8% y/y in 2024
Finland reduced steel production by 3.8% y/y in 2024

Production per year was 3.7 million tonnes

Photo – Turkey increased scrap imports by 6.7% y/y in 2024
Turkey increased scrap imports by 6.7% y/y in 2024

Over the year, the country's steelmakers consumed 20.09 million tons of imported raw materials

Photo – Slovakia reduced steel production by 11.7% y/y in 2024
Slovakia reduced steel production by 11.7% y/y in 2024

Production for the year amounted to 3.9 million tons

Photo – Sale of 20% stake in Thyssenkrupp’s steel business may be canceled – CEO
Sale of 20% stake in Thyssenkrupp’s steel business may be canceled – CEO

There is a backup agreement if the company does not agree on a joint venture with the holding of Czech billionaire Kretinsky

Photo – The Netherlands increased steel production by 36.1% y/y in 2024
The Netherlands increased steel production by 36.1% y/y in 2024

Steel production for the year reached 6.4 million tons

Photo – Turkey’s Tosyal aims to cover 50% of energy needs from renewable sources
Turkey’s Tosyal aims to cover 50% of energy needs from renewable sources

The company plans to invest almost $1 billion in a solar energy project

Photo – Belgium increased steel production by 21.1% y/y in 2024
Belgium increased steel production by 21.1% y/y in 2024

Production reached 7.1 million tonnes

Photo – Třinecké železárny plans to invest €1 billion in green transformation
Třinecké železárny plans to invest €1 billion in green transformation

Czech company plans to build an electric furnace that will reduce CO2 emissions by 55%

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