steel production

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Fitch forecasts an increase in demand for steel in most regions in 2024

A slight decrease in production is expected in China, and European steel industry will return to positive dynamics

libertysteelgroup.com
Liberty Ostrava plans to restart blast furnace No. 3 in January

The unit was suspended in October amid falling demand in Europe

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China to accelerate decommissioning of obsolete steel capacities

The country has published an action plan for sustainable improvement of air quality

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China increased the export of steel products by 35.6% y/y in January-November

In November, Chinese steel companies shipped 3.2% more steel abroad than in October

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Acciaierie d’Italia shuts down blast furnace №2 for maintenance

The downtime of the unit will last a week – from December 4 to 11

zaporizhstal.com
Zaporizhstal reduced the production of rolled products by 6.2% m/m in November

Steel production fell by 4.3% m/m, and pig iron – by 1.7% m/m

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US steel companies’ performance remains robust – Fitch Ratings

The country's steelmakers continue to invest in expanding production

biz.censor.net
ArcelorMittal plans to increase capacity utilization to 50% in 2024

The plant expects to put two blast furnaces into operation

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US Steel closes proposals for the purchase of the business

At the same time, the company announced that it would cease steel production at the Granite City Works plant

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Turkiye’s steel capacity utilization fell to 55% – TCUD

The degree of utilization of steel mills is affected by low demand for steel and weak margins

europe.arcelormittal.com
ArcelorMittal signed a contract to build a new EAF in Spain

Construction work at the Gijón plant will begin in early 2024, led by the engineering company Sarralle

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Italian stainless steel producer AST suspends production for three days

This is due to a reduction in the volume of orders on the EU market

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