steel production

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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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ArcelorMittal plans to stop production of pipes at the plant in Krakow

The company will stop production of pipe products in the first quarter of 2024

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Belgium reduced steel production by 8.8% m/m in October

In January-October, Belgian steelmakers reduced steel production by 11.4% y/y

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Rolled steel consumption in Germany fell by 12.9% y/y in January-September

In 9 months, the domestic market of the country consumed 21.82 million tons of rolled steel

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Poland increased steel production by 5.9% m/m in October

In January-October, the country's steelmakers reduced steel production by 17.5% y/y

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Germany is facing the problem of creeping deindustrialization – CEO Salzgitter

In addition, the budget crisis is damaging the country's reputation as a reliable partner for industry

Thyssenkrupp shuts down the Galmed steel plant in Spain

The enterprise specializes in the production of galvanized steel for the automotive industry

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Austria increased steel output by 12.3% m/m in October

In January-October, the country's steelmakers reduced steel production by 6.5% y/y

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ArcelorMittal is trying to influence the situation on the steel market in the EU

During January-November, the company limited production in Belgium, Germany, Poland, France and Bosnia

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Spain increased steel production by 5.1% y/y in October

In January-October, Spanish steelmakers reduced steel production by 4.6% y/y

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France reduced steel production by 8.1% m/m in October

Compared to October 2022, the indicator decreased by 19.3%

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Turkiye increased steel output to the maximum since June 2022 in October

In January-October, Turkish steelmakers produced 27.45 million tons of steel

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