steel production - Latest news GMK Center

An application for receiving funds will be submitted in June, a decision is expected in the fall

The fall is caused by a sharp reduction in steel production at electric steelmaking plants

Global steel industry is increasingly focused on steel production in EAF

In April, the country's steelmakers faced a sharp drop in steel prices

In January-April, Austrian steel companies reduced steel output by 6.3% y/y

Domestic steelmaking capacity is expected to reach 255 million tons by 2030/2031 financial year

The plant reached the maximum production rate in the last ten years – 42 thousand tons of sheet steel per month

The pause in production was used to modernize the division and commission new equipment

In January-April, Belgian steelmakers reduced steel production by 10.5% y/y

The company plans to double sales of these products by 2027

In January-April, the country's steelmakers reduced steel production by 10.8% y/y

The production rate fell by 8% y/y