steel production - Latest news GMK Center

Production and supply volumes in January-March were affected by lower demand and strikes in Finland

Pig iron production increased by 3.5% y/y for the month, and rolled steel – by 1% y/y

Steel production in the 71st country for the month amounted to 161.2 million tons

The production of rolled products decreased by 11% y/y, and flat – by 14.2% y/y

Return to steel production regulation will change the dynamics of the value chain

During the month, the country's steel enterprises produced 357.11 thousand tons of steel

The country's steel enterprises are facing financial problems

In March, steel production fell by 7.8% year-on-year

The country's steel companies need the government's support in matters of decarbonization

The driver of the growth of the indicator is China – by 12.6% y/y

Steel production increased by 14.9% m/m and pig iron production – by 8.6% m/m

Last year, the country imported 8.3 million tons of rolled steel, and exported 7.5 million tons