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steel production - Latest news GMK Center

Photo – Turkish Isdemir reduced steel production by 19% y/y in January-September
Turkish Isdemir reduced steel production by 19% y/y in January-September

Shipments in the specified period decreased by 16% year-on-year

Photo – Austria increased steel output by 17.4% m/m in September
Austria increased steel output by 17.4% m/m in September

In January-September, the country's steelmakers reduced steel production by 6.9% y/y

Photo – A slight reduction in steel production in China is not able to support the market
A slight reduction in steel production in China is not able to support the market

The decline in the profitability of steel production in the country may continue until the end of 2023

Photo – Belgium increased steel production by 4.1% m/m in September
Belgium increased steel production by 4.1% m/m in September

In January-September, Belgian steelmakers reduced steel production by 9.3% y/y

Photo – China’s Tangshan introduces air pollution controls
China’s Tangshan introduces air pollution controls

These measures may affect the work of steel enterprises

Photo – Turkish Hasçelik invests in new production facilities
Turkish Hasçelik invests in new production facilities

The company will begin investments this year, the total volume of which will be about €200 million

Photo – Poland increased steel production by 6.4% m/m in September
Poland increased steel production by 6.4% m/m in September

In January-September, the country's steelmakers reduced steel production by 19.1% y/y

Photo – The scrap sector will grow amid the decarbonization of the steel industry – BIR
The scrap sector will grow amid the decarbonization of the steel industry – BIR

Protectionism regarding this raw material in the form of export restrictions is growing in the world

Photo – Emissions in China’s steel industry increased by 6.6% y/y in January-September
Emissions in China’s steel industry increased by 6.6% y/y in January-September

Emissions of sulfur dioxide per ton of steel were 0.21 kg/t, smoke and dust – 0.25 kg/t, nitrogen oxide – 0.42 kg/t

Photo – China’s overcapacity problem returns
China’s overcapacity problem returns

There will most likely no longer be an order from the Chinese authorities to reduce production, but steel mills are voluntarily reducing output

Photo – Spain increased steel production by 35.3% m/m in September
Spain increased steel production by 35.3% m/m in September

In January-September, Spanish steelmakers reduced steel production by 5.7% y/y

Photo – Steel production in China will decrease moderately in Q4 – CISA
Steel production in China will decrease moderately in Q4 – CISA

Mainly this will happen through production control and energy saving measures

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