steel production - Latest news GMK Center

Currently, the Taranto steel plant operates only two blast furnaces

In 2022, the company increased the production of steel products by 3.4% – up to 1.84 million tons – more than 1 million tons of thick rolled products were produced

In March, the production of pig iron in the country increased by 5.6% y/y

The unit was suspended on March 30, 2023, due to a fire

During the month, Spanish steelmakers produced 1.13 million tons of steel

Total production in the CIS countries + Ukraine for the month increased by 3% y/y

The past year was marked by a slowdown in production amid a sharp rise in energy prices

In March, Chinese steelmakers increased steel output by 6.9% y/y

Flat rolled production in March 2023 decreased by 8.6% year-on-year

The company provided hot-rolled sheet and profile pipes

In the first quarter, Italian steelmakers reduced steel output by 6% y/y

The plan should be announced by the end of April 2023