steel production - Latest news GMK Center

Over the month, Italian steelmakers reduced steel output by 4.4% y/y and 1.4% m/m

In January-October, the country's steelmakers increased steel output by 12.6% y/y

Production of iron ore concentrate fell by 23% y/y, and coal production increased by 17% y/y

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