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steel production - Latest news GMK Center

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

Photo – Low steel prices affect Tata Steel’s performance in the UK and the Netherlands
Low steel prices affect Tata Steel’s performance in the UK and the Netherlands

The company notes that the global operating environment remains challenging

Photo – US Steel Kosice decreased steel shipments by 6.1% y/y in Q3
US Steel Kosice decreased steel shipments by 6.1% y/y in Q3

Steel production during the period decreased by 2% y/y

Photo – Shareholder consortium prepares for voluntary buyout of Salzgitter AG shares
Shareholder consortium prepares for voluntary buyout of Salzgitter AG shares

GP Günter Papenburg AG is considering taking control of the company through the acquisition of more than 45% of the shares together with TSR Recycling

Photo – Demand for steel in China’s manufacturing sector to grow in November – forecast
Demand for steel in China’s manufacturing sector to grow in November – forecast

Prices in the current month will remain in a narrow range

Photo – Baosteel produced 13.3 million tons of steel in Q3
Baosteel produced 13.3 million tons of steel in Q3

For 9 months, the total volume of steel production by the company amounted to 39.61 million tons

Photo – China’s leading steel mills cut gross profit by 56% y/y in January-September
China’s leading steel mills cut gross profit by 56% y/y in January-September

The operating income of these enterprises during the period decreased by almost 7% on an annual basis

Photo – Crisis in the EU steel industry – politicians are intensifying efforts to help the sector
Crisis in the EU steel industry – politicians are intensifying efforts to help the sector

Representatives of the Ukrainian steel sector expect that the Ukrainian authorities will also pay more attention to the problems of the sector

Photo – ArcelorMittal Kryvyi Rih has produced 16 million tons of billets since the launch of the CCM complex
ArcelorMittal Kryvyi Rih has produced 16 million tons of billets since the launch of the CCM complex

The converter workshop of the enterprise celebrates the 13th anniversary of the start of continuous steel casting

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