steel production

China to increase the consolidation of the steel industry

Due to this, the sector intends to increase control over the prices of raw materials and strengthen the decarbonization of industry

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Interpipe transferred the main production to night shifts

Due to the damage to the energy infrastructure of Ukraine as a result of the shelling of the Russian Federation, the company is forced to rebuild its production processes

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Kazakhstan to start construction of three steel enterprises in 2023

Investments in new projects – a plant for the production of galvanized steel, a pipe plant and a hot-dip galvanizing plant – are expected at the level of $478 million

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The decline in steel production in China will continue until the end of 2022

Weak demand from the real estate and construction sectors will continue to put pressure on prices

Richard Warren: «The UK Government must keep pace with other countries support for their steel sectors»

The Head of Policy & External Affairs at UK Steel trade association – about the priorities and challenges for the UK steel sector today

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The share of energy resources expenditure in Turkish steel sector increased to 30% – TCUD

Before the increase in the cost of electricity and gas, the share of energy resources from the total costs of steel production was 7-8%

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China reduced steel production by 2.2% y/y in January-October 2022

During this period, the production of steel products fell by 1.4% y/y, and pig iron – by 1.2% y/y

US steelmakers expect growth in demand for steel in 2023

The automotive sector and infrastructure projects are considered to be market drivers

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Steel production in Europe may fall by 4% in 2022

The consumption of steel products in the EU will fall by 3.5% in 2022

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India is considering including steel in its export promotion scheme

The steel sector will need almost $244 million a year for compensation

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ArcelorMittal reduced steel output by 14.1% y/y in January-September 2022

Iron ore production decreased by 7.7% y/y in 9 months

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Ukrainian steelmakers increased the production of rolled products by 14% m/m in October 2022

Pig iron production in October 2022 increased by 12.6% m/m, while steel production fell by 6.4% m/m

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