steel production

Turkish steel producer İçdaş invests $977 million in capacity expansion

This project has already been approved by the Ministry of Environment and Urbanization of Turkiye

German steelmakers expect steel prices to fall in October 2022

Producers will reduce product prices amid falling electricity costs

India’s rolled products exports fell by 54% y/y in the first half of FY2022/2023

Steel production in India in April-September 2022 increased by 7% year-on-year

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HRC prices in Europe fell due to weak demand

Activity in the European HRC market remains low

The Indian Government has set up advisory committees to deal with the problems of steel industry

Due to this, it is planned to reduce problems in the industry and accelerate the achievement of the goal of 300 million tons of capacity by 2030

Kametstal produced 3.3 thousand axles for railcars and locomotives

This is the second batch produced at the plant since the beginning of the war by order of domestic consumers

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Türkiye cut steel production by 21% y/y in August 2022

In January-August 2022, steel production by Turkish steelmakers decreased by 8.8% year-on-year

India will bet on decarbonisation of steel production

The long-term goal is to reduce carbon emissions by 50% by 2047

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ArcelorMittal begins temporary shutdowns of steel plants capacities in Europe

The company's blast furnaces will be partially stopped at enterprises in France, Poland, Spain and Germany

ArcelorMittal and Zeleros are testing steel for vacuum trains

The purpose of the tests is to find out how certain grades of steel perform under ultra-high speed conditions

Askoval plans to cut production in half from October 2022

During the next three months, the electric arc furnaces at the plant will not work for several days a week to save electricity

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