steel production - Latest news GMK Center

During the month, Turkish steelmakers produced 2.88 million tons of steel

Total production in the CIS countries + Ukraine for the month increased by 11.5% y/y

In May, the production of pig iron in the country increased by 1.4% m/m

Unfavorable weather slowed down work at a number of construction sites

In January-May, Italian steelmakers reduced steel output by 7.9% y/y

In January-May, the country's steel enterprises reduced steel production by 9.4% y/y

Since the beginning of the year, the indicator of industrial production in the steel sector has increased by 5% y/y

The export of graded products from Italy fell by 11.3% y/y, and the import – by 3.3% y/y

In May, Chinese steelmakers reduced their steel output by 7.3% y/y

The government is going to promote the decarbonization of production processes in steel sector

In this period, the company's Indian enterprises increased steel production by almost 6% y/y

Last year, the company increased steel production by 1% y/y