steel production

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Austria reduced rolled steel imports from third countries by 68.2% y/y in October

The export of steel products for the month increased by 0.5% y/y

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Belgium reduced steel production by 43.2% m/m in November

In January-November, Belgian steelmakers reduced steel production by 15% y/y

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Turkiye’s Yıldız is investing in the construction of a hot rolling mill in 2024

The company is also preparing for the commissioning of a solar power plant

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Austria produced 560,000 tons of steel in November

In January-November, the country's steelmakers reduced steel production by 6% y/y

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China to tighten steel output controls to achieve ultra-low emissions

The volume of steel consumption in the country has entered the peak zone

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ArcelorMittal Kryvyi Rih plans to increase investments by almost 20% in 2024

The capital investment budget for the current year was $130 million

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France doubled its steel output m/m in November

Compared to November 2022, the indicator increased by 91.5%

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Tosyali Algeria will complete the expansion project by 2025

The company will add a number of new capacities, including an electric arc furnace, at the Betiua site

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Spain increased steel production by 10.9% y/y in November

In January-November, Spanish steelmakers reduced steel production by 3.3% y/y

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ArcelorMittal Poland: Polish division cuts capacity

During the pandemic, blast furnace and steel production in Krakow was closed, and from 2024 the coke battery at this enterprise will be decommissioned

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Poland reduced steel production by 9.7% m/m in November

In January-November, the country's steelmakers reduced steel production by 14.9% y/y

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Turkiye increased steel production in November to the highest level since May 2022

In January-November, Turkish steelmakers produced 30.05 million tons of steel

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