steel production

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DMZ set up the production of three types of crane rails

The billet for the production of a new type of product was produced by the Kametstal Iron and Steel Works

43 countries globally have restricted the export of ferrous scrap

Restrictions will apply in 71 countries, or every third country in the world, after the adoption of appropriate measures in the EU and Mexico

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German steelmakers expect further decline in steel prices and stocks

Amid correction in energy prices and weak demand, steel prices are forecast to decline during November

SSAB reduced steel production by 7.5% y/y in January-September 2022

In 9 months, the company increased its net revenue by 2.07 times y/y – up to 19.11 billion Swedish crowns ($1.71 billion)

Залізна руда може подорожчати наступного року через флотський мазут © shutterstock.com
China reduced iron ore imports by 1.7% y/y in January-October 2022

In October 2022, the import of iron ore decreased by 3.7% year-on-year and by 4.75% compared to the previous month

Turkish Erdemir to build a plant for the production of pellets for $550 million

The plant's planned capacity will be about 3 million tons of pellets per year

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Spain increased steel production by 50% m/m in September 2022

In January-September 2022, Spanish steelmakers produced 9 million tons of steel

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Nippon Steel increased sales by 26% in the first half of the FY2022-2023

In April-September 2022, the company reduced steel production by 15.8% y/y

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Turkish steelmakers call on the authorities to provide state support to the industry

Competitiveness of Turkish steel sector under threat due to high production costs and low demand for products

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Turkiye in September 2022 reduced steel production by 19% y/y

In January-September, steel production in the country fell by 9.3% year-on-year

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During the war, the demand for steel structures in Ukraine fell catastrophically

Survival in the market of metal structures depends on the ability to reorient to the products in demand

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Italian distributors consider low steel demand possible in 2023

The main concern is the fall in prices in January

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