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steel production - Latest news GMK Center

Photo – Kazakhstan increased steel production by 15% y/y in October
Kazakhstan increased steel production by 15% y/y in October

The country's steelmakers produced 343.82 ths tons of steel over the month

Photo – Apparent steel consumption in Latin America to decline by 2.7% y/y in 2024 – Alacero
Apparent steel consumption in Latin America to decline by 2.7% y/y in 2024 – Alacero

Steel production in the region is expected to fall by 3.6% year-on-year

Photo – Italy increased steel production by 9% m/m in October
Italy increased steel production by 9% m/m in October

For 10 months, Italian steelmakers have reduced production by 4.7% y/y

Photo – China increased steel production by 6.2% m/m in October
China increased steel production by 6.2% m/m in October

In January-October, the company's production decreased by 3% y/y

Photo – ArcelorMittal and China Oriental set up an electric steel plant in China
ArcelorMittal and China Oriental set up an electric steel plant in China

Companies are joining forces to produce electrical steel in China, investing in modern technology and environmentally friendly materials

Photo – Global trade unions are concerned about large-scale job losses in the steel industry
Global trade unions are concerned about large-scale job losses in the steel industry

Workers' representatives are calling for increased state investment to support steelmakers

Photo – Conflict between Liberty Steel and the Hungarian government escalates due to Dunaferr downtime
Conflict between Liberty Steel and the Hungarian government escalates due to Dunaferr downtime

The Hungarian government accuses the company of non-payment of wages and delayed production resumption, threatening bankruptcy

Photo – Steelmakers and trade unions insist on urgent protection of the EU steel industry
Steelmakers and trade unions insist on urgent protection of the EU steel industry

The plan should be published in the first 100 days of the new European Commission's work

Photo – Vítkovice Steel regains profit in 2023 after a long period of loss
Vítkovice Steel regains profit in 2023 after a long period of loss

The company achieved the best financial result in the last 15 years

Photo – A new rolling plant worth hundreds of millions of zlotys to be built in Polish Silesia
A new rolling plant worth hundreds of millions of zlotys to be built in Polish Silesia

Construction completion is scheduled for December 2024, and production is expected to start in Q1 2025

Photo – Nucor Louisiana reaches world record for DRI production per day
Nucor Louisiana reaches world record for DRI production per day

Production of cold DRI 330.3 tons per hour, or 7.93 thousand tons per day

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