icon

steel production - Latest news GMK Center

Photo – China’s blast-furnace capacity utilization reaches yearly high
China’s blast-furnace capacity utilization reaches yearly high

During June, the indicator grew steadily, reaching 91.98% by the end of the month

Photo – The profits of China’s steel industry fell by 20% y/y in May
The profits of China’s steel industry fell by 20% y/y in May

Negative indicators of Chinese steelmakers prompt them to reduce production volumes, which will reduce export opportunities and pressure on world markets

Photo – ArcelorMittal plans to restart blast furnace A at the Gijon plant in July
ArcelorMittal plans to restart blast furnace A at the Gijon plant in July

The unit was stopped on March 22, 2023, when a fire broke out during routine maintenance of the blast furnace

Photo – Salzgitter declared a force majeure for steel supplies due to weather conditions
Salzgitter declared a force majeure for steel supplies due to weather conditions

After heavy rains and floods in Germany, the company warned of production cuts and delivery delays

Photo – Austria reduced steel production by 5.2% y/y in January-May
Austria reduced steel production by 5.2% y/y in January-May

In May, Austrian steel companies reduced steel production by 1% y/y, but increased it by 1.4% m/m

Photo – World steel industry needs global standards for green steel – SDI
World steel industry needs global standards for green steel – SDI

The lack of common standards reduces the benefits for manufacturers of such products

Photo – Belgium increased steel production by 14% m/m in May
Belgium increased steel production by 14% m/m in May

In January-May, Belgian steelmakers reduced steel production by 10.9% y/y

Photo – The Czech billionaire is interested in acquiring a stake in Thyssenkrupp Steel
The Czech billionaire is interested in acquiring a stake in Thyssenkrupp Steel

The energy company of the potential investor can act as a supplier of energy resources for Thyssenkrupp

Photo – Poland reduced steel production by 1.5% m/m in May
Poland reduced steel production by 1.5% m/m in May

In January-May, the country's steelmakers reduced steel production by 11.4% y/y

Photo – Spain increased steel production by 10% m/m in May
Spain increased steel production by 10% m/m in May

During the month, Spanish steelmakers produced 1.45 million tons of steel

Photo – France reduced steel production by 14.1% m/m in May
France reduced steel production by 14.1% m/m in May

The production rate fell by 33.2% y/y

1 80 81 82 83 84 124