steel production

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An association of electric arc furnace steel producers has been established in China

The new organization is designed to promote the development of green steel industry, improve industry efficiency and reduce emissions

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Hyundai Steel steps up cost-saving measures amid US tariffs and competition

The company has cut executive salaries and is considering a voluntary resignation program for employees

economedia.ro
ArcelorMittal Europe increased steel production by 8.3% y/y in 2024

Production in blast furnaces increased by 10.8% y/y, while electric arc furnaces decreased by 1.8% y/y

kardemir.com
Turkey’s Kardemir reduced sales by 4.4% y/y in 2024

Steel production in the period increased by 4.8% compared to 2023

Huta Częstochowa will become the property of the Ministry of National Defense of Poland

It is expected that operational management will be transferred to Węglokoks, which already leases the plant

ssab.com
SSAB to install electric arc furnace at Uxelsund plant by 2026

The unit will replace the existing blast furnaces and accelerate the company's green transition

Ukraine increased rolled steel production by 6.6% y/y in February

Pig iron output grew by 9.8% y/y and steel output by 7.5% y/y

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China announces plans to cut steel production

The authorities did not give specifics on the possible scope of cuts

zaporizhstal.com
Zaporizhstal produced 195.7 thousand tons of rolled steel in February

Pig iron production amounted to 265.4 thousand tons and steel – to 235.3 thousand tons

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Spain increased steel production by 17.8% m/m in January

During the month, Spanish steelmakers produced 1.02 million tons of steel

ascometal.com
France cut steel production by 12.8% y/y in January

French steelmakers produced 755 thousand tons of steel during the month

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Turkey increased steel production by 7.5% m/m in January

Pig iron production for the month increased by 2.1% m/m

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