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steel production - Latest news GMK Center

Photo – Türkiye increased steel production by 6.4% y/y in July
Türkiye increased steel production by 6.4% y/y in July

Turkish metallurgists produced 2.89 million tons of steel in a month

Photo – Global steel production increased by 6.6% y/y in July
Global steel production increased by 6.6% y/y in July

Total production in the CIS countries + Ukraine grew by 9.3% y/y over the month

Photo – Germany reduced steel production by 4.6% y/y in January-July
Germany reduced steel production by 4.6% y/y in January-July

Pig iron production in the country increased by 0.1% y/y in the period

Photo – Curtailing steel production could reduce China’s scrap consumption
Curtailing steel production could reduce China’s scrap consumption

This trend will affect the eastern and central regions of the country the most

Photo – Kazakhstan increased steel production by 10.5% y/y in July
Kazakhstan increased steel production by 10.5% y/y in July

Compared to June, steel production fell by 6.1%

Photo – Metinvest produced more than 1 million tons of steel in the first half of the year
Metinvest produced more than 1 million tons of steel in the first half of the year

Production of iron ore concentrate in January-June amounted to 4.75 million tons, and coal – 3.04 million tons

Photo – Steel production in China will continue to grow in August – forecast
Steel production in China will continue to grow in August – forecast

The market is worried about the uncertainty with production restrictions

Photo – China increased steel production by 11.5% y/y in July
China increased steel production by 11.5% y/y in July

Compared to June, steel production decreased by 0.34%.

Photo – China’s steel processing plants are ordered to cut production
China’s steel processing plants are ordered to cut production

A large state-owned factory in Shandong province received a verbal order

Photo – Liberty Steel to stop production at Dunaferr for three months
Liberty Steel to stop production at Dunaferr for three months

The work of the coke-chemical division will be reduced to a minimum

Photo – Indian JSW Steel increased steel production by 10% y/y in July
Indian JSW Steel increased steel production by 10% y/y in July

Steel production at the plant in the US increased by 96% y/y

Photo – Brazil’s Gerdau in 2Q reduced steel supply by 1.5% q/q
Brazil’s Gerdau in 2Q reduced steel supply by 1.5% q/q

Shipments decreased by 9.6% year-on-year

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