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steel production - Latest news GMK Center

Photo – Metinvest cuts steel production by 5% q/q in Q1
Metinvest cuts steel production by 5% q/q in Q1

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

Photo – China reduced steel production by 3% y/y in January-April
China reduced steel production by 3% y/y in January-April

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

Photo – Voestalpine plans to produce premium steel from low-grade scrap
Voestalpine plans to produce premium steel from low-grade scrap

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

Photo – Fitch forecasts steel production growth in China in Q2
Fitch forecasts steel production growth in China in Q2

Steel companies are encouraged to increase steel production amid improving earnings

Photo – US Steel Kosice increased steel shipments by 21% y/y in Q1
US Steel Kosice increased steel shipments by 21% y/y in Q1

The steel plant continues the planned shutdown of blast furnace No. 2

Photo – Nippon Steel increased steel supplies by 1.8% y/y in FY2023/2024
Nippon Steel increased steel supplies by 1.8% y/y in FY2023/2024

Consolidated steel production in this period increased by 0.5% annually

Photo – Voestalpine acquires controlling stake in Italian ITALFIL SpA
Voestalpine acquires controlling stake in Italian ITALFIL SpA

The company is expanding its product portfolio with premium welding wire, as well as its position in the welding technology market

Photo – ArcelorMittal produced 14.4 million tons of steel in Q1
ArcelorMittal produced 14.4 million tons of steel in Q1

Iron ore production for the quarter amounted to 10.2 million tons

Photo – Ukrainian steelmakers increased rolled steel output by 20% m/m in April
Ukrainian steelmakers increased rolled steel output by 20% m/m in April

Steel production for the month increased by 17% m/m, and pig iron – by 10.9% m/m

Photo – Austria increased steel production by 19.1% m/m in March
Austria increased steel production by 19.1% m/m in March

In one month, Austrian steelmakers produced 691,000 tons of steel

Photo – Belgium reduced steel production by 5.7% y/y in March
Belgium reduced steel production by 5.7% y/y in March

During the month, Belgian steelmakers produced 560,000 tons of steel

Photo – Poland increased steel production by 17.6% m/m in March
Poland increased steel production by 17.6% m/m in March

In January-March, the indicator decreased by 3.4% y/y

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