steel production

In the 4th quarter of the 2022-2023 financial year, the production of unrefined steel increased by 12% y/y

The implementation of the project is planned for 2024. The capacity of the installation will be 2 MW

In the fourth quarter of the last fiscal year, the company increased steel production by 5.1% y/y

The company is also planning a direct reduction plant with a capacity of 1.8 Mt

In 2023, the company will complete 13 different environmental investments

The largest drop in stainless steel production was recorded in the USA – by 14.8% y/y

Recently, there was a fire at one of the three blast furnaces of the plant. The company is evaluating the consequences and cause of the incident

This is the third decrease in gas prices in the country in 2023. In February, gas for industry became cheaper by 13-17%, and in March – by 21-26%

In January-February 2023, Belgian steelmakers reduced steel production by 1.3% y/y

The level of gas prices in Turkiye may balance with the cost of energy resources in the EU already in June of this year

In January-February, Austrian steel companies reduced steel output by 11.2% y/y

The fire started in the morning of March 30, 2023, on the roof of the blast furnace, but it was quickly extinguished