steel production - Latest news GMK Center

About 80% of the world's production of DRI comes from Midrex technology

Production decreased by 3% compared to May 2023, and increased by 2.7% m/m

The share of the plant in domestic steel production in the Czech Republic for the year reached 71%

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

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

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

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

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

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

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

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

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