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steel production - Latest news GMK Center

Photo – Italy increased steel production by 5.9% y/y in January
Italy increased steel production by 5.9% y/y in January

The production of graded rolled products increased by 9.9% y/y, and flat – by 5% y/y.

Photo – Restructuring Administration declares Liberty Ostrava bankrupt
Restructuring Administration declares Liberty Ostrava bankrupt

The previously announced optimization plan for the enterprise is in danger of disruption

Photo – Kazakhstan cut steel production by 18.7% m/m in January
Kazakhstan cut steel production by 18.7% m/m in January

During the month, the country's steel enterprises produced 292.87 thousand tons of steel

Photo – Metinvest cut steel production by 31% y/y in 2023
Metinvest cut steel production by 31% y/y in 2023

Pig iron production decreased by 36% y/y

Photo – JSW Steel announces construction of a steel plant in Paradip
JSW Steel announces construction of a steel plant in Paradip

The capacity of the steelmaking complex will be 13.2 million tons of steel per year

Photo – Czech Třinecké železárne to invest $63.2 million in decarbonization in 2024
Czech Třinecké železárne to invest $63.2 million in decarbonization in 2024

Projects planned for 2024 will contribute to sustainable steel production, energy conservation and emissions reduction

Photo – Acciaierie d’Italia produced about 3 million tons of steel in 2023
Acciaierie d’Italia produced about 3 million tons of steel in 2023

Currently, the enterprise's warehouse stocks reach 1 million tons of raw materials and finished products

Photo – Liberty Galati restarts blast furnace No. 5 after shutdown in January
Liberty Galati restarts blast furnace No. 5 after shutdown in January

The company notes an improvement in demand for thick sheet and hot-rolled coil

Photo – JSW Steel and JFE Steel establish a joint venture in India
JSW Steel and JFE Steel establish a joint venture in India

Companies invest about $663 million in the production of electrical steel

Photo – Actual situation on the HRC market
Actual situation on the HRC market

This week the EUROFER report for 1Q 2024 was released

Photo – Nippon Steel increased steel production by 2% y/y in October-December
Nippon Steel increased steel production by 2% y/y in October-December

In the third quarter of the 2023/2024 financial year, consolidated steel output amounted to 10.26 million tons

Photo – Sweden reduced steel production by 3.3% y/y in 2023
Sweden reduced steel production by 3.3% y/y in 2023

During the year, Swedish steelmakers produced 4.3 million tons of steel

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