steel production - Latest news GMK Center

The administrators cited the liquidity crisis as the reason for the loan

The future of the industry will be shaped by growing demand and value-added products

Compared to the previous quarter, the figure rose by 19%

The steel mill has already produced several new grades of steel

Compared to the previous month, the figure rose by 18.1%

Last month, China saw a 6.3% y/y decline

Production of long products rose by 18.2% m/m, while production of flat products rose by 11% m/m

The industry has lost positions in many export markets, while becoming increasingly dependent on shipments to the EU

The imbalance between ample supply and weak demand for steel continues to grow

Rising costs and weak demand have limited production, and March was the worst month for the industry since 2020

The country also aims to more than double its exports of steel products

The return to monthly figures helped reverse the downward trend at the end of the quarter