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steel production - Latest news GMK Center

Photo – China reduced steel production by 1.1% m/m in September
China reduced steel production by 1.1% m/m in September

In January-September, production decreased by 3.6% y/y

Photo – Ukrainian steel plants may increase production to 7.3 million tons in 2024
Ukrainian steel plants may increase production to 7.3 million tons in 2024

Further production prospects of the industry depend on the situation in the Donetsk region

Photo – Italy reduced steel production by 8.4% y/y in September
Italy reduced steel production by 8.4% y/y in September

The production of rolled products fell by 5.4% y/y, and the production of flat products fell by 9.1% y/y.

Photo – Acciaiereie d`Italia launched blast furnace No. 1 after more than a year of downtime
Acciaiereie d`Italia launched blast furnace No. 1 after more than a year of downtime

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

Photo – SHS Group companies selected technology suppliers for decarbonization project
SHS Group companies selected technology suppliers for decarbonization project

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

Photo – Acciaierie d’Italia plans to restart blast furnace No. 1
Acciaierie d’Italia plans to restart blast furnace No. 1

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

Photo – Qarmet increased steel production by 14% y/y in January-September
Qarmet increased steel production by 14% y/y in January-September

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

Photo – Liberty Steel intends to lease the Częstochowa plant through a subsidiary
Liberty Steel intends to lease the Częstochowa plant through a subsidiary

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

Photo – Czech steelmakers need a realistic climate and energy plan
Czech steelmakers need a realistic climate and energy plan

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

Photo – Czech Vítkovice Steel will get a new owner and development investment
Czech Vítkovice Steel will get a new owner and development investment

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

Photo – The fight against excess steel capacity requires mutual support – Taras Kachka
The fight against excess steel capacity requires mutual support – Taras Kachka

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

Photo – Ukrainian steelmakers cut rolled steel output by 14.5% m/m in September
Ukrainian steelmakers cut rolled steel output by 14.5% m/m in September

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

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