steel production - Latest news GMK Center

The production of rolled products increased by 22.2% m/m, and the production of flat products – by 7.1% m/m

Analysts expect a decrease in steel production in China in 2024 by 1.1% y/y

The deterioration of the global industrial and economic outlook will have a negative impact on the production of steel in the world

Recently, company representatives visited ADI facilities in Genoa, Novi Ligure and Taranto

Issues include the cost of energy and the availability of scrap

Steel shipments increased by 10% q/q in 3 months

The increase in the indicator was mainly due to the increase in the export of flat rolled products – by 84.4% y/y

During this period, steel shipments increased by 11.6% q/q

In one month, Austrian steelmakers produced 633,000 tons of steel

It is about investments of €600 million in the next 2-3 years

Four of the seven largest steel regions recorded a decline in steel production

In January-April, the indicator decreased by 0.9% y/y