steel production

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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

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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

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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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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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