steel production

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Italy reduced steel production by 11.5% y/y in 2022

In December, steel output decreased by 15.6% year-on-year

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Serbian steel plant Metalfer invests €21.4 million in decarbonization of capacities

The funds provided by the EBRD will be used for the construction of a new rolling mill and a solar power plant

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Kazakhstan reduced steel production by 8.5% y/y in 2022

In December, Kazakhstan's steelmakers reduced steel production by 25.7% y/y

ISA: India’s crude steel production expected to touch nearly 134 mln t in CY’23

India produced about 124.5 million tons of crude steel in 2022, while finished steel production stood at 117.8 million tons

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China cut iron ore imports by 1.5% y/y in 2022

In December 2022, supplies of steel raw materials to the country decreased by 8.1% m/m

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Liberty Steel UK will concentrate on the production of high-margin products

Due to uncompetitiveness, the company will stop several factories that produce unprofitable products

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Kametstal carried out 80 overhauls in production units in 2022

Also, during the year, the enterprise carried out 638 planned and preventive repairs

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Tata Steel’s European production in October-December 2022 fell by 12.5% ​​y/y

The indicator fell by 6.3% compared to the second quarter of the 2022/2023 financial year

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Ukrainian steelmakers produced 5.35 million tons of rolled steel in 2022

In 2022, pig iron production amounted to 6.39 million tons, and steel Ukrainian steelmakers produced 5.35 million tons of rolled steel in 2022 6.26 million tons

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China reduced steel production by 2.2% y/y in 2022 — CISA

Steel exports in 2022 are expected to grow by 1% y/y

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India reduced steel exports by 45% y/y in December 2022

In December, steel imports into the country increased to a 3-year high – by 65% ​​y/y

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The Italian government has approved the provision of €1 billion to rescue Acciaierie d’Italia

Investments will be directed to the restart of production processes and ensuring employment and higher results of the enterprise

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