steel production - Latest news GMK Center

The company declares that there is significant support from the creditor, and the prerequisites for obtaining a loan at the level of €100 million

In July, the country reduced steel production by 9% year-on-year

The main problems are falling steel prices and low demand in the domestic market

Product sales during this period decreased by 10.2% y/y

Production of coal concentrate fell by 8% q/q, and coke – by 1% q/q

The Modern Steel Act provides for the construction of new steel mills in deindustrialized cities

Steel production for the month amounted to 708.9 thousand tons, and pig iron – 621.4 thousand tons

Aggressive Chinese exports are affecting global steel exports

After completing the modernization of the blast furnace in Linz, the company will stop the furnace in Donawitz for repairs

EAF is intended for a subsidiary of the Chinese steel producer Qian'an Steel

Steel production fell 19% year-on-year in April-June

Iron ore production for the period amounted to 19.7 million tons