steel production

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Sweden reduced steel production by 6% y/y in 2022

In December, steel production in the country decreased by 20% y/y

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UK considers introduction of CBAM analogue to protect steel industry

Duty could be a part of British Steel and Tata Steel UK support package

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Acciaierie d’Italia to produce 4 million tons of crude steel in 2023

Thanks to the support of the state, the Italian steel enterprise sets ambitious goals for the coming years

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Germany reduced steel production by 14.6% y/y in December 2022

In 2022, German steelmakers reduced steel production by 8.4% y/y

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Prices for rolled steel in Ukraine increased by 26% in 2022 – USCC

A sharp jump in prices took place in January-May 2022, mainly due to a significant increase in the dollar exchange rate

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US Steel Kosice resumed operation of the blast furnace after a month and a half of downtime

The unit was forced to stop due to high energy prices, low market demand and a sharp increase in imports

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Italy reduced steel production by 11.5% y/y in 2022

In December, steel output decreased by 15.6% year-on-year

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Serbian steel plant Metalfer invests €21.4 million in decarbonization of capacities

The funds provided by the EBRD will be used for the construction of a new rolling mill and a solar power plant

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Kazakhstan reduced steel production by 8.5% y/y in 2022

In December, Kazakhstan's steelmakers reduced steel production by 25.7% y/y

ISA: India’s crude steel production expected to touch nearly 134 mln t in CY’23

India produced about 124.5 million tons of crude steel in 2022, while finished steel production stood at 117.8 million tons

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China cut iron ore imports by 1.5% y/y in 2022

In December 2022, supplies of steel raw materials to the country decreased by 8.1% m/m

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Liberty Steel UK will concentrate on the production of high-margin products

Due to uncompetitiveness, the company will stop several factories that produce unprofitable products

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