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steel production - Latest news GMK Center

Photo – UAE companies consortium to build 4 steel plants in the country
UAE companies consortium to build 4 steel plants in the country

130,000 square meters were allocated for the implementation of the corresponding project in the industrial city of Umm-el-Quwain

Photo – Ulanhot Steel launches a new blast furnace at a plant in northern China
Ulanhot Steel launches a new blast furnace at a plant in northern China

The capacity of the unit is estimated at 1.13 million tons of pig iron per year

Photo – Turkish steelmakers need support in the fight against rising imports
Turkish steelmakers need support in the fight against rising imports

TCUD believes that the steel sector industry needs competitive energy prices

Photo – New Ukrainian producer of polymer-coated galvanization Polysteel
New Ukrainian producer of polymer-coated galvanization Polysteel

Currently, the company plans to produce up to 5 thousand tons of products monthly, and by the end of 2024 to reach 100 thousand tons/year

Photo – For 8 months 2023 European governments have announced €8.7 bln for decarbonization of the steel sector
For 8 months 2023 European governments have announced €8.7 bln for decarbonization of the steel sector

47.6% of total funds (€4.1 bln) may be allocated to ArcelorMittal plants

Photo – India increased steel production by 12.8% y/y in August
India increased steel production by 12.8% y/y in August

Pig iron smelting for the month increased by 8.1% y/y

Photo – China to extend steel production restrictions in 2023 – Baosteel
China to extend steel production restrictions in 2023 – Baosteel

The volume of steel production in the current year will not exceed the level of 2022

Photo – Saudi SABIC to sell its steel division for $3.33 billion
Saudi SABIC to sell its steel division for $3.33 billion

The deal is expected to close by the end of the first quarter of 2024

Photo – Kametstal set up the production of rebar with a diameter of 36 mm
Kametstal set up the production of rebar with a diameter of 36 mm

The first 770 tons of rolled rebar are ready for shipment to domestic customers

Photo – Sweden reduced steel production to 2.3 million tons in the first half of 2023
Sweden reduced steel production to 2.3 million tons in the first half of 2023

Steel companies of Sweden reduced steel output by 4.5% y/y during January-June 2023

Photo – Metallurgists of the Chinese province of Hebei produced 135.8 million tons of steel in January-July
Metallurgists of the Chinese province of Hebei produced 135.8 million tons of steel in January-July

Steel companies in the region account for 21.7% of steel production in China

Photo – Emissions from Chinese metallurgy grew by 5.7% y/y in January-July
Emissions from Chinese metallurgy grew by 5.7% y/y in January-July

Sulfur dioxide emissions per ton of steel amounted to 0.21 kg/t, smoke and dust – 0.25 kg/t, nitrogen oxide – 0.40 kg/t

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