steel production - Latest news GMK Center

The move is part of a large-scale development plan for the company in Taranto

Midrex Technologies and Primetals Technologies will be responsible for the new production complex

Currently, only one blast furnace is operating in Taranto – No. 4

Coal production by the Kazakh enterprise during the period increased by 2% y/y

The company submitted a corresponding proposal, which provides for an immediate financial infusion to repay debts and pay salaries

Energy-intensive enterprises against overly ambitious climate goals without a clear strategy

Up to €150 million is planned to be invested in the modernization of the steel plant

In particular, there is a need to review safeguards against states participating in GFSEC

Steel production for the month fell by 11.7% m/m, and pig iron – by 3% m/m

Domestic supplies increased by 5.8% year-on-year in this period

Country's steel companies have good positions in the global steel sector

The largest share of rolled steel imports by the Georgian market is rebar, so the new plant will cover domestic needs