steel production

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Some European countries increased steel production in October 2022

In France it increased by 14.7%, in Germany – by 10.5%

The cost of energy continues to affect Turkish steelmakers – CIB

The share of energy costs in the steel industry increased from 7% to 27%

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HRC prices in Italy increased by €20/t amid rising demand

In general, on the European hot-rolled market trade of products is limited. Restocking is expected no earlier than next year

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ArcelorMittal temporarily suspended steel and rolled products production

The available amounts of electricity are not enough to support production even at 20% capacity

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France increased steel production by 15% m/m in October 2022

In January-October, French steelmakers reduced steel production by 10.7% y/y

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Spain reduced steel production by 9.6% m/m in October 2022

In January-October 2022, Spanish steelmakers produced 9.91 million tons of steel

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The material of the future: why ferrous scrap has already become a strategic raw material

The demand for ferrous scrap is growing due to the global development of electro steel industry in the framework of decarbonization

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Global steel output in October 2022 remained at the level of last year

Total production in the CIS countries and Ukraine decreased by 23.7% y/y for the month

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The expansion of steel capacities will slow down in Southeast Asia

The current capacity is almost 72 million tons of steel per year

Tata Steel UK will reduce carbon emissions by 50 thousand tons per year in Port Talbot

The company plans to modernize blast furnace №5 to reduce the use of coke in steel production

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Italy reduced steel production by 9.3% y/y in October 2022

In 10 months of 2022, steel production in Italy decreased by 10.8% y/y

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Germany reduced steel production by 14.4% y/y in October 2022

In 10 months of 2022, German steelmakers reduced steel output by 6.9% y/y

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