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steel production - Latest news GMK Center

Photo – Polish Huta Częstochowa launches after a long downtime
Polish Huta Częstochowa launches after a long downtime

Despite the difficulties, on December 20, the plant was cold-started, which will serve as the basis for the full resumption of operations

Photo – Italy reduced steel production by 7.9% m/m in November
Italy reduced steel production by 7.9% m/m in November

For 11 months, Italian steelmakers have reduced production by 4.7% y/y

Photo – Germany’s Riva Hennigsdorf plans to shut down for three months due to the steel market crisis
Germany’s Riva Hennigsdorf plans to shut down for three months due to the steel market crisis

Weak demand and rising electricity costs weigh on the country's steel industry

Photo – Switzerland approves state aid to the steel sector
Switzerland approves state aid to the steel sector

Four enterprises will be exempted from part of the electricity grid usage fee for 4 years

Photo – China reduced steel production by 4.3% m/m in November
China reduced steel production by 4.3% m/m in November

In January-November, the company's production decreased by 2.7% y/y

Photo – JSW Steel increased steel production by 5% y/y in November
JSW Steel increased steel production by 5% y/y in November

Production in India grew by 7% year-on-year

Photo – ArcelorMittal Hunedoara cuts production due to weak steel demand
ArcelorMittal Hunedoara cuts production due to weak steel demand

Romanian company to suspend operations until the end of the year

Photo – German Chancellor calls for tougher EU measures against steel imports
German Chancellor calls for tougher EU measures against steel imports

Olaf Scholz also does not rule out the state's temporary participation in Thyssenkrupp's steel business.

Photo – Ukrainian steelmakers increased rolled steel output by 7.9% m/m in November
Ukrainian steelmakers increased rolled steel output by 7.9% m/m in November

Iron and steel production fell by 13.1% m/m and 10.4% m/m, respectively

Photo – Tosyalı increases global production capacity to 15 million tons of steel per year
Tosyalı increases global production capacity to 15 million tons of steel per year

In Turkey, annual steel production at the company's facilities is estimated at 8 million tons

Photo – Meranti Green Steel plans to build a green steel plant in Thailand
Meranti Green Steel plans to build a green steel plant in Thailand

The plant will have an annual capacity of up to 2.5 million tons of low-carbon hot-rolled coils

Photo – UK should give preference to local steel in public procurement – UK Steel
UK should give preference to local steel in public procurement – UK Steel

Currently, a third of the steel purchased by the government is imported

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