steel production - Latest news GMK Center

The unit was idle for 69 days – from September 30 to December 9, 2023

In January-November, the country's steelmakers increased steel output by 13.4% y/y

Pig iron production in the country amounted to 1.75 million tons

By increasing steel production, the country plans to meet a significant increase in domestic demand

The indicators of the steel division of the company are affected by the unfavorable situation in the EU steel market

Steel production in the country has been falling for the fifth month in a row

A slight decrease in production is expected in China, and European steel industry will return to positive dynamics

The unit was suspended in October amid falling demand in Europe

The country has published an action plan for sustainable improvement of air quality

In November, Chinese steel companies shipped 3.2% more steel abroad than in October

The downtime of the unit will last a week – from December 4 to 11

Steel production fell by 4.3% m/m, and pig iron – by 1.7% m/m