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steel production - Latest news GMK Center

Photo – Turkiye’s Kardemir aims to become a global producer
Turkiye’s Kardemir aims to become a global producer

The company's goal is to increase the production of steel with high added value to 3.5 million tons

Photo – Ukrainian steelmakers produced 523,000 tons of rolled steel in September
Ukrainian steelmakers produced 523,000 tons of rolled steel in September

Steel smelting for the month reached 558,000 tons, and pig iron – 486,000 tons

Photo – ArcelorMittal Hamburg will suspend production twice before the end of the year
ArcelorMittal Hamburg will suspend production twice before the end of the year

Planned shutdowns of the plant will last from October 27 to November 12 and from December 14 to December 31

Photo – Czech Republic reduced steel exports to a 14-year low in the first half of 2023
Czech Republic reduced steel exports to a 14-year low in the first half of 2023

Imports of steel products also fell sharply over 6 months – by more than 500 thousand tons

Photo – Acciaierie d’Italia needs to restore liquidity
Acciaierie d’Italia needs to restore liquidity

The Taranto iron and steel plant must restore a minimum level of normal operation

Photo – Belgium reduced steel production by 23.5% m/m in August
Belgium reduced steel production by 23.5% m/m in August

In January-August, Belgian steelmakers reduced steel production by 9.5% y/y

Photo – Austria reduced steel production by 33% m/m in August
Austria reduced steel production by 33% m/m in August

In January-August, the country's steelmakers reduced steel production by 6.7% y/y

Photo – Thyssenkrupp is in talks to sell part of its business to a Czech billionaire
Thyssenkrupp is in talks to sell part of its business to a Czech billionaire

The agreement is expected to include the sale of 50% of the steel division to Daniel Kretynskyi

Photo – OECD is concerned about the deterioration of conditions on the global steel market
OECD is concerned about the deterioration of conditions on the global steel market

Overcapacity in the future could have a significant impact on the industry

Photo – Spain cut scrap consumption to a six-month low in July
Spain cut scrap consumption to a six-month low in July

During the month, Spanish steelmakers consumed 587,000 tons of scrap

Photo – The situation at the Acciaierie d’Italia remains difficult
The situation at the Acciaierie d’Italia remains difficult

ADI President calls for company survival to be guaranteed, unions point out industrial plan is not being implemented

Photo – France reduced steel production by 8.6% y/y in August
France reduced steel production by 8.6% y/y in August

Compared to the previous month, the indicator remained unchanged

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