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steel production - Latest news GMK Center

Photo – Poland increased steel production by 5.3% m/m in May
Poland increased steel production by 5.3% m/m in May

In January-May, the indicator increased by 2.1% y/y

Photo – ArcelorMittal Eisenhüttenstadt suspends its only blast furnace
ArcelorMittal Eisenhüttenstadt suspends its only blast furnace

The unit will be idle for about a week due to scheduled maintenance work

Photo – Spain increased steel production by 9.9% y/y in May
Spain increased steel production by 9.9% y/y in May

During January-May, Spanish steelmakers increased steel output by 3.3% y/y

Photo – Chinese provinces discuss targets to reduce steel production
Chinese provinces discuss targets to reduce steel production

Fujian has already announced a reduction in steel output by 3.5 million tons by 2024

Photo – France increased steel production by 36.4% m/m in May
France increased steel production by 36.4% m/m in May

In January-May 2024, French steelmakers increased steel output by 6.6% y/y

Photo – Turkey increased steel production by 14.9% m/m in May
Turkey increased steel production by 14.9% m/m in May

During the month, Turkish steelmakers produced 3.21 million tons of steel

Photo – Italy has allocated about €1 billion for the construction of a DRI plant for Acciaierie d’Italia
Italy has allocated about €1 billion for the construction of a DRI plant for Acciaierie d’Italia

Support for a future investor in the amount of approximately €700 million is also provided

Photo – Global steel production increased by 1.5% y/y in May
Global steel production increased by 1.5% y/y in May

Steel production in the 71st country for the month amounted to 165.1 million tons

Photo – Spanish steel producers call on the government to support the industry
Spanish steel producers call on the government to support the industry

The commitment to reduce emissions in the current conditions is still called unsustainable by the industry

Photo – Kazakhstan increased steel production by 13.2% y/y in May
Kazakhstan increased steel production by 13.2% y/y in May

During the month, the country's steel enterprises produced 387.23 thousand tons of steel

Photo – Germany reduced steel production by 1.9% y/y in May
Germany reduced steel production by 1.9% y/y in May

Pig iron production fell by 3.3% y/y, and rolled steel – by 3.4% y/y

Photo – ArcelorMittal Kryvyi Rih increased production of all major products in May
ArcelorMittal Kryvyi Rih increased production of all major products in May

Steel production increased by 68% y/y, rolled products – by 66%, pig iron – by 15%, iron ore – by 86%, and coke – by 53%

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