steel production - Latest news GMK Center

This is explained by the high cost of production amid low prices for finished products

The production of rolled products increased by 33.6% m/m, the production of pig iron – by 10.7% m/m

Strong production and weak demand remain in the country

Compared to June 2023, exports increased by 3%

In annual terms, production remained stable

Since the beginning of the year, the actual consumption of conventional fuel has been reduced by more than 15 kg per ton of pig iron

Production of coke for the month amounted to 30.4 thousand tons

Countries are recommended to define standards for low-carbon steel and rules for scrap collection

The index of production in the steel industry increased by 2.6 percentage points during the month

In June, Belgian steelmakers reduced steel production by 6.6% y/y

During August, the company will install Meros filters on the sintering equipment of the unit

In June, Austrian steel companies increased steel output by 2.7% y/y, but decreased it by 1.8% m/m