steel production - Latest news GMK Center

The shortened working day was introduced amid planned maintenance

In June, Turkish steelmakers reduced steel output by 1.5% y/y, but increased by 2% m/m

Pig iron production in the country decreased by 0.6% y/y in the first half of 2023

The market expects that this will soon affect other steel mills

Total production in the CIS countries + Ukraine during this period decreased by 3.4% y/y

Steel sales in April-June increased by 2.3% q/q

Steel enterprises urged to observe restrictions

The driver of sales growth was the increase in demand for steel in the infrastructure industry

The company's net sales amounted to $5.1 billion

The company applied for access to state support

In June, Italian steelmakers reduced steel output by 0.7% y/y and 4.4% m/m

Such forecasts are assumed by Linyuan I&S, Shandong I&S, Chongqing I&S, Xinjiang Bayi Steel and Ma'anshan I&S