steel production

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GFG Alliance acquired Aartee’s Italian assets

This move will allow Liberty Steel to increase its customer base and product range in Italy

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Germany reduced steel production by 10.2% y/y in January 2023

Pig iron production in the country decreased by 7.9% y/y in January

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Italy reduced steel output by 14.7% y/y in January 2023

Steel production in the country increased by 22.7% compared to December 2022

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The EURIC association does not see any risks of a scrap shortage in Europe

In 2021, scrap consumption by European steelmakers amounted to 87.9 million tons

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Liberty Galati will start the blast furnace in March after maintenance

The blast furnace was shut down in December 2022

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China’s steel industry has an upward trend in 2023

The forecast is based on the best prospects of the industries that are the largest consumers of steel

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Dunaferr restarts blast furnace amid positive market trends

The Hungarian plant uses stock raw materials to start the unit, but additional supplies are needed for the stable operation of the furnace

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German steel industry needs state support for a green transition

The first agreements on climate measures with steel companies will be concluded in the coming months

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Kametstal plans to produce 3.9 thousand tons of grinding layers in February 2023

This year's first batch of layers with a diameter of 30 mm was sent to enterprises in Poland

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The earthquake paralyzed a third of the steel production capacity in Turkiye

Steel processing plants in the south of the country may not work until the end of February

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ArcelorMittal expects to increase steel supplies by 5% y/y in 2023

The company expects the recovery of global demand for steel in the current year by 2-3% y/y

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The consumption of scrap in China will remain stable

The import of scrap to the country fell by 4% y/y last year

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