steel production - Latest news GMK Center

The results exceeded market forecasts. Production was expected to fall amid seasonally low demand

In April, AMKR will launch blast furnace No. 6, coke oven batteries No. 3-4, blooming and small section mill No. 2

If approved, the plans will add about 1.52 million tons per year of blast furnace capacity and 1.66 million tons per year of EAF capacity

These measures are related to the need to reduce environmental pollution

Inventory of equipment at the Taranto plant will begin shortly

The company intends to continue investing in the decarbonization of capacities

Last year, the monthly volume of steel sales never exceeded 1 million tons

The production of steel for the month amounted to 532 thousand tons, and pig iron – 496 thousand tons

Plants are scrambling to avoid losses amid weak demand and rising costs

In two months, Chinese steelmakers shipped 15.9 million tons of metal products abroad

In 2024, steel production may exceed 40.4 million tons

The industry was supported by the CHIPS Act and the infrastructure and inflation reduction laws