steel production

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Kametstal plans to produce 3.9 thousand tons of grinding layers in February 2023

This year's first batch of layers with a diameter of 30 mm was sent to enterprises in Poland

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The earthquake paralyzed a third of the steel production capacity in Turkiye

Steel processing plants in the south of the country may not work until the end of February

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ArcelorMittal expects to increase steel supplies by 5% y/y in 2023

The company expects the recovery of global demand for steel in the current year by 2-3% y/y

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The consumption of scrap in China will remain stable

The import of scrap to the country fell by 4% y/y last year

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The Hungarian Dunaferr steel mill is idle due to a lack of raw materials

The company could not resume steel production due to the lack of supplies of raw materials from the Romanian Liberty Galati

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Iskenderun steel mills announce force majeure

Prices for imported scrap on the Turkish market did not change on February 10

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ArcelorMittal is resuming European capacity amid rising demand

About 10% of the company's blast furnaces in the EU remain idle, compared to 20% in the fourth quarter of 2022

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Voestalpine plans to launch a new plant in Austria in March 2023

The implementation of the project was delayed due to problems with the delivery of production equipment due to the pandemic

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ArcelorMittal reduced its net profit by 37.8% y/y in 2022

The company's revenue for the year increased by 4.3% y/y

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ArcelorMittal plans to reopen the Spanish ACB plant for a week

The work of the plant will be resumed to fulfill one order

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China’s steel plants took up high production rates after the holidays

The country's steelmakers hope for an improvement in domestic demand

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ArcelorMittal has reduced steel output by 14.6% y/y in 2022

Iron ore production increased by 9.2% y/y

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