steel production

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Steel Dynamics increased its net profit by 27.5% q/q in Q2

The company's net sales amounted to $5.1 billion

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Arvedi has developed an action plan for Acciai Speciali Terni relaunch

The company applied for access to state support

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Italy reduced steel production by 6.6% y/y in the first half of 2023

In June, Italian steelmakers reduced steel output by 0.7% y/y and 4.4% m/m

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Some Chinese steel companies expect losses in the first half of 2023

Such forecasts are assumed by Linyuan I&S, Shandong I&S, Chongqing I&S, Xinjiang Bayi Steel and Ma'anshan I&S

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China increased steel production by 1.3% y/y in the first half of 2023

In June, Chinese steel production increased by 0.4% y/y and 1.1% m/m. Factories are encouraged by rising product prices

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POSCO to increase steel production to 52 million tons by 2030

The company also aims to triple consolidated operating profit

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Steel expansion gains momentum in India

Such plans have JSW, Tata Tata Steel, AMNS and the state SAIL

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Domestic demand for steel in China will increase in September-October

In the second half of the year, the government is likely to introduce a policy of moderate control

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China’s steel processing plants will maintain high productivity until the end of July – forecast

There is a high level of utilization of blast furnace capacities in the country

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Voestalpine will stop one of the BFs in Linz for maintenance in August

The planned repair of the unit will last three months

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ArcelorMittal will continue production at the steel plant in Foss-sur-Mer

The company won an appeal against an order to suspend steel production

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