steel production - Latest news GMK Center

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

The company states that a significant decrease in demand continues to be observed in Europe

During this period, steel shipments decreased by 7.8% y/y

The EAF will replace the blast furnace at the company's Kurasiki plant

Iron ore production fell by 7.5% y/y in 9 months

Steel production for the month increased by 2.5% m/m, and pig iron – by 5.3% y/y

During the month, steel exports decreased by 23.3% y/y, while imports increased by 10.9% y/y

The company is adapting to the difficult conditions for European steel producers

This decision will affect 200 jobs

Demand for manganese alloys and their supply will continue to fall

The production index in the steel industry decreased by 1.6 percentage points for the month

The plan defines the strategy for the development of the steel industry in the region for the next two years