steel production

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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

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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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Chinese steelmakers can maintain high work rates during the New Year holidays

This will lead to sustained demand for iron ore ahead of the holidays

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POSCO is interested in a steel asset in Montenegro

Zeljezara Niksic was put on loan last December

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Kazakhstan increased steel production by 16.4% y/y in 2023

During the year, the country's steel enterprises produced 3.92 million tons of steel

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