steel production - Latest news GMK Center

Thus, EU steelmakers will try to balance supply and demand

The industry is showing confidence despite adverse conditions

In January-August, the country's steelmakers reduced steel production by 20.3% y/y

Imports of rolled products into the US increased by 1.4% m/m over the month

In January-August, Spanish steelmakers reduced steel production by 7.1% y/y

During the month, Turkish steelmakers produced 2.79 million tons of steel

Total production in the CIS countries + Ukraine for the month increased by 10.7% y/y

Production of pig iron in the country decreased by 0.1% y/y in this period

The country should also make better use of scrap stocks to make decarbonization cheaper

Italian steelmakers reduced steel output by 4% y/y in January-August

This is due to the reduction of domestic demand and the growth of competition from China

Chinese steelmakers increased steel output by 2.6% y/y in January-August