steel production

China reduced iron ore imports by 2.3% y/y in January-September 2022

In September, the import of iron ore increased by 4.3% year-on-year and increased by 3.6% compared to the previous month

ZCMP set up the production of lances for the Zaporizhstal steel production

Now the enterprise can independently produce up to 130 lances per month

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EU steelmakers plan to raise rolled steel prices in the first quarter of 2023

Local producers are now continuing to discount December deliveries in hopes of securing sales amid weak demand

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Germany reduced steel production by 15.4% y/y in September 2022

In January-September 2022, German steelmakers reduced steel output by 6% y/y

German rerollers fear bankruptcy due to energy costs

More than half of Germany's sheet steel producers could lose existing electricity contracts by 2023

Yahoo Finance
Italy reduced steel production by 19% y/y in September 2022

In January-September 2022, steel production decreased by 11.1% y/y

bloomberg.com
JSW Steel and Smartex will become partners in the decarbonization of steel production

JSW plans to reduce CO2 emissions intensity by 42% by 2030 compared to 2005 base year

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ArcelorMittal and Nippon Steel have turned their attention to India and Thailand

Companies are expanding operations in these countries against the background of the energy crisis in Europe and weakening demand in Japan

TCUD expects Turkish steel output to fall by 10% in 2022

Over the last three months of 2022, the capacity utilization rate has dropped to 60%

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French Aperam applies energy surcharges to its contracts

Starting from October 2022, the company increased the product cost surcharges to €639/t compared to €480/t a month earlier

Steel imports from Russia negatively affected prices in China

In September 2022, China imported 895,000 tons of steel

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