steel production - Latest news GMK Center

Production of iron ore for the year amounted to 42 million tons

The decrease in the indicator is probably a consequence of the shutdown of blast furnace No. 6 Tata Steel IJmuiden from March 2023

The EAF is scheduled to begin operation in 2026

The transition of steel industry to the use of DRI will lead to changes in the quality profile of iron ore

During the year, British metallurgists produced 5.6 million tons of steel

This was facilitated by the increase in production indicators of the main steel enterprise of the country – US Steel Kosice

The European division of the company increased the indicator by 3.7% y/y

The initiative unites a consortium of nine partners from six European countries

During the month, steel production increased by 3% m/m, while pig iron production fell by 1.7% m/m

The sharp drop in the indicator is caused by problems at the Liberty Ostrava steel enterprise

Steel exports from the country decreased by 31% y/y

The unit was idle for 10 months due to maintenance and force majeure