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steel production - Latest news GMK Center

Photo – Turkiye increased steel production by 25% y/y in January
Turkiye increased steel production by 25% y/y in January

In a month, Turkish steelmakers produced 3.25 million tons of steel

Photo – Global steel production in January decreased by 1.6% y/y
Global steel production in January decreased by 1.6% y/y

Steel production in the 71st country for the month amounted to 148.1 million tons

Photo – Italy is looking for new industrial partners for Acciaierie d’Italia
Italy is looking for new industrial partners for Acciaierie d’Italia

The government does not seek to nationalize the enterprise, the authorities are looking closely at private investors

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

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