steel production - Latest news GMK Center

UMB's new investor will invest over €300 million to restart the company, which has been idle since 2013

During January-April, Spanish steelmakers increased steel output by 1.7% y/y

The production of pig iron for the month increased by 1.2% y/y, and rolled steel – decreased by 0.1% y/y

Union leaders voted against the deal

In January-April 2024, French steelmakers reduced steel output by 0.1% y/y

In one month, Turkish steelmakers produced 2.8 million tons of steel

Steel production in the 71st country for the month amounted to 155.1 million tons

The production of graded rolled products decreased by 5% y/y, and flat – by 13.7% y/y

At the stage of transformation, the country's steel sector needs active political steps

Production of iron ore concentrate increased by 36% q/q

Analysts expect steel output to rise in May due to improved demand and consumption prospects

The products are planned to be used in the production of Mercedes-Benz cars