steel production

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Kazakhstan reduced steel production by 4.8% m/m in May

In January-May, the country's steel enterprises reduced steel production by 9.4% y/y

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Industrial production in China’s steel industry grew by 3.1% y/y in May

Since the beginning of the year, the indicator of industrial production in the steel sector has increased by 5% y/y

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Italy’s visible long steel consumption in 2022 fell by 6.8% y/y

The export of graded products from Italy fell by 11.3% y/y, and the import – by 3.3% y/y

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China in January-May increased steel production by 1.6% y/y

In May, Chinese steelmakers reduced their steel output by 7.3% y/y

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Germany promises to support the country’s steel industry

The government is going to promote the decarbonization of production processes in steel sector

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JSW Steel increased steel production by 8% y/y in May

In this period, the company's Indian enterprises increased steel production by almost 6% y/y

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China’s Baowu Group became the largest steel producer in 2022

Last year, the company increased steel production by 1% y/y

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Voestalpine is counting on financing from Austria for the ecological transition

An application for receiving funds will be submitted in June, a decision is expected in the fall

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Germany reduced the consumption of scrap by 10% y/y in 2022

The fall is caused by a sharp reduction in steel production at electric steelmaking plants

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EU could become scrap importer in less than 5 years – forecast

Global steel industry is increasingly focused on steel production in EAF

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The situation in China’s steel sector may remain unstable

In April, the country's steelmakers faced a sharp drop in steel prices

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Austria reduced steel production by 6.5% m/m in April

In January-April, Austrian steel companies reduced steel output by 6.3% y/y

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