steel production - Latest news GMK Center

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

The country's steelmakers continue to invest in expanding production

The plant expects to put two blast furnaces into operation

At the same time, the company announced that it would cease steel production at the Granite City Works plant

The degree of utilization of steel mills is affected by low demand for steel and weak margins

Construction work at the Gijón plant will begin in early 2024, led by the engineering company Sarralle

This is due to a reduction in the volume of orders on the EU market

The company will stop production of pipe products in the first quarter of 2024

In January-October, Belgian steelmakers reduced steel production by 11.4% y/y

In 9 months, the domestic market of the country consumed 21.82 million tons of rolled steel