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steel production - Latest news GMK Center

Photo – France increased steel production by 13% y/y in March
France increased steel production by 13% y/y in March

In January-March 2024, French steelmakers increased steel output by 1% y/y

Photo – Spain reduced steel production by 9.7% y/y in March
Spain reduced steel production by 9.7% y/y in March

During January-March, Spanish steelmakers reduced steel output by 2.3% y/y

Photo – Turkey increased steel production by 29% m/m in March
Turkey increased steel production by 29% m/m in March

In one month, Turkish steelmakers produced 3.2 million tons of steel

Photo – SSAB reduced steel shipments by 8.8% y/y in Q1
SSAB reduced steel shipments by 8.8% y/y in Q1

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

Photo – Germany increased steel production by 8.4% y/y in March
Germany increased steel production by 8.4% y/y in March

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

Photo – Global steel output declined by 4.3% over the year
Global steel output declined by 4.3% over the year

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

Photo – Italy reduced steel production by 12.6% y/y in March
Italy reduced steel production by 12.6% y/y in March

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

Photo – China to cut steel consumption again in 2024 – forecast
China to cut steel consumption again in 2024 – forecast

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

Photo – Kazakhstan increased steel production by 13.4% y/y in March
Kazakhstan increased steel production by 13.4% y/y in March

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

Photo – The Swiss steel industry is in crisis
The Swiss steel industry is in crisis

The country's steel enterprises are facing financial problems

Photo – China reduced steel production by 1.9% y/y in Q1
China reduced steel production by 1.9% y/y in Q1

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

Photo – Rising energy prices affect the Spanish steel industry – Unesid
Rising energy prices affect the Spanish steel industry – Unesid

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

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