steel production - Latest news GMK Center

In December, steel production in the country fell to a record low level of 325,000 tons

Turkish steelmakers produced 33.71 million tons of steel in 2023

Steel production in the 71st country for the year amounted to 1.85 billion tons

The country aims to increase the share of this raw material in steel industry to 50% by 2047

Companies have adapted to new conditions, but new problems constantly arise

During the year, the steel division of the enterprise worked at 25-30% of the total capacity

Production of pig iron decreased by 0.9% y/y, and rolled steel – by 3.6% y/y

Market participants are also discussing the possible repair of the rebar production line

This will lead to sustained demand for iron ore ahead of the holidays

Zeljezara Niksic was put on loan last December

During the year, the country's steel enterprises produced 3.92 million tons of steel

During the year, the country's steelmakers produced 21.06 million tons of steel