steel production

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US Steel notes the drop in demand for steel in Europe due to the war in Ukraine

In the third quarter, the European company US Steel Kosice reduced steel production by 26% y/y

BMZ reoriented the export of steel products to alternative markets

European sanctions forced the company to increase exports to the markets of the Russian Federation, Africa, CIS countries and Southeast Asia

Serhiy Bilenky: «Iron and steel industry is doing everything to preserve production and collectives»

The head of the Ukrainian Federation of Steelmakers – about the socio-economic situation at the enterprises of the industry

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Turkish steelmakers predict an increase in exports to the Baltics

Previously, Turkiye almost did not export steel to Estonia and Latvia, but the Russian-Ukrainian war has created new opportunities

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Global output of stainless steel fell by 3.5% in the first half of 2022

Production declined in major regions except Asia (excluding China and South Korea) and selected countries

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The USA increased steel imports by 4.4% y/y in January-September 2022

The import of finished steel products to the USA for the 9 months of 2022 increased by 22.5% year-on-year

SSAB to shut down one blast furnace at Finnish Raahe plant in November

The decision to reduce production from November 2022 was made amid a slowdown in steel demand in Europe

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Ukraine ranked 23rd in the world in terms of steel production for 9 months of 2022

In the world ranking of iron-producing countries, Ukraine was in 14th place

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Emirates Steel received 15% duty relief for Saudi Arabian market

ESA became the first company to be exempted from duty on steel sales in the UK

Turkish steelmakers expect an increase in steel exports to the EU from 2023

As a result of the energy crisis in Europe, the production and supply of steel is reduced, which can positively affect imports from Turkiye

ANNOUNCEMENT: Fastmarkets Middle East Iron & Steel Conference 2022

Overview of steel production in the Middle East, analysis of raw material markets, sustainable development and factors of steel consumption in the region

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Global steel production in September 2022 increased by 3.7% y/y

Total production in the CIS countries and Ukraine for the month decreased by 21.9% y/y

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