steel production

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German steelmakers once again called for the introduction of transitional electricity prices

High costs put more and more German companies in a difficult position

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Kazakhstan increased steel production by 11.2% y/y in January-September

In September, the country's steelmakers increased steel production by 0.2% y/y

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The global output of stainless steel fell by 1.7% y/y in the first half of 2023

The biggest drop in stainless steel production was recorded in Asia (excluding China and South Korea) – by 14.6% y/y.

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The consumption of rolled steel in Germany decreased by 11.9% y/y in January-August

Over 8 months, the domestic market consumed 19.83 million tons of rolled steel

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Acciaierie d’Italia risks running out of gas

The default gas supply service used by ADI will expire in the near future

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Voestalpine launches new special steel plant in Kapfenberg

After reaching full capacity, the enterprise will annually produce 205,000 tons of special steel for industry

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China reduced steel production by 5% m/m in September

Compared to September 2022, steel production in the country fell by 5.6%

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Italy increased steel production by 2.4 times m/m in September

In January-September, Italian steelmakers reduced steel output by 3.1% y/y

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Decarbonization of steel industry requires a stable supply of green energy – experts

Another problem will be the need for significant investments

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Metinvest will be able to smoothly stop the production process in case of blackouts – CEO

The CEO of the company told how they are preparing for possible power outages in the winter if Russian shelling repeats

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Slovenian SIJ started up its hot rolling mill after a 3-month shutdown

During the downtime period, the company carried out repairs and improvements to the unit

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Iran increased the production of DRI by 5.8% y/y in the first half of 2023

Steel production for 6 months of the Iranian year increased by 2.5% y/y

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