steel production

stahl-online.de
Germany cut steel production by 18% y/y in November 2022

In 11 months of 2022, German steelmakers reduced steel production by 7.9% y/y

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Global steel output in November 2022 decreased by 2.6% y/y

Total production in the CIS countries and Ukraine for the month decreased by 24.6% y/y

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The global output of stainless steel fell by 5.1% y/y in January-September 2022

The largest drop in stainless steel production was recorded in the USA – by 13.2% y/y

danieli.com
The EIB granted Danieli a loan of €350 million for the modernization of two ABS plants

€227.5 million will be allocated to the Italian plant Acciaierie Bertoli SpA and the Croatian Acciaierie Bertoli Safu Sisak doo

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The Stalkanat plant is operating at 10% capacity due to limited energy supply

The company is considering the possibility of installing a generator at the enterprise to stabilize work

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The OECD expects the growth of global steel capacity by 5.9% by 2025

Continuous investment activity provokes an excess of steelmaking capacity, especially in Asia

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Impact of Russian-Ukrainian war on global iron & steel trade flows

Disruptions in supply chain are not the main problem now. War worsens current economic situation globally

linkedin.com
The reduction of electricity costs made it easier for German steelmakers

The autumn months adjusted the cost of electricity by an average of €300 MWh from the peak price in August 2022 – to €150 MWh

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A clear industrial plan is needed to save Acciaierie d’Italia

The volume of steel production at the plant in Taranto in 2021 amounted to only 3 million tons

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China reduced steel production by 1.4% y/y in January-November 2022

During this period, the production of steel products fell by 0.7% y/y, and pig iron – by 0.4% y/y

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Scrap demand in Italy will fall at the beginning of 2023 due to shutdowns of steel plants

Longer shutdowns of steelmakers for maintenance will affect scrap consumption in the first quarter of 2023

me.ekapija.com
Montenegrin EPCG to purchase the Turkish Tosyali steel plant for €20 million

Toscelik Niksic produces non-alloy steel, roller-bearing steel, tool steel, and heat-resistant steel

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