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steel production - Latest news GMK Center

Photo – China to tighten steel output controls to achieve ultra-low emissions
China to tighten steel output controls to achieve ultra-low emissions

The volume of steel consumption in the country has entered the peak zone

Photo – ArcelorMittal Kryvyi Rih plans to increase investments by almost 20% in 2024
ArcelorMittal Kryvyi Rih plans to increase investments by almost 20% in 2024

The capital investment budget for the current year was $130 million

Photo – France doubled its steel output m/m in November
France doubled its steel output m/m in November

Compared to November 2022, the indicator increased by 91.5%

Photo – Tosyali Algeria will complete the expansion project by 2025
Tosyali Algeria will complete the expansion project by 2025

The company will add a number of new capacities, including an electric arc furnace, at the Betiua site

Photo – Spain increased steel production by 10.9% y/y in November
Spain increased steel production by 10.9% y/y in November

In January-November, Spanish steelmakers reduced steel production by 3.3% y/y

Photo – ArcelorMittal Poland: Polish division cuts capacity
ArcelorMittal Poland: Polish division cuts capacity

During the pandemic, blast furnace and steel production in Krakow was closed, and from 2024 the coke battery at this enterprise will be decommissioned

Photo – Poland reduced steel production by 9.7% m/m in November
Poland reduced steel production by 9.7% m/m in November

In January-November, the country's steelmakers reduced steel production by 14.9% y/y

Photo – Turkiye increased steel production in November to the highest level since May 2022
Turkiye increased steel production in November to the highest level since May 2022

In January-November, Turkish steelmakers produced 30.05 million tons of steel

Photo – Italy’s Acciaierie Venete will acquire three Ascometal steel mills in France
Italy’s Acciaierie Venete will acquire three Ascometal steel mills in France

Through the merger, Acciaierie Venete plans to increase its presence on the European market

Photo – Global steel production in November increased by 3.3% y/y
Global steel production in November increased by 3.3% y/y

Total production in the CIS countries + Ukraine for the month increased by 14.8% y/y

Photo – Italy reduced steel production by 6.7% m/m in November
Italy reduced steel production by 6.7% m/m in November

During January-November, Italian steelmakers reduced steel output by 3% m/m

Photo – Visible steel consumption in the Czech Republic decreased by 13.7% y/y in January-September
Visible steel consumption in the Czech Republic decreased by 13.7% y/y in January-September

Steel production in the country decreased by 21% y/y in 9 months

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