steel production

Business expectations of Chinese steelmakers updated a historical low in July

The Purchasing Managers' Index expectations in the steel industry in China in July fell by another 3.2 percentage points.

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The Ministry of Strategic Industries has started a study of steel smelting and scrap supply balance

As a result, it is planned to prepare possible relaxations regarding the export of raw materials and the disposal of military equipment

Acciaierie d’Italia stopped the work of two blast furnaces

The plant with a capacity of 4 million tons of steel per year left only one blast furnace in operation due to weak demand and high production costs

EU decreased steel production by 6.8% y/y in May 2022

Nine European plants fully or partially suspended steel production

German ThyssenKrupp may stop production in case of gas shortage – Argus

German authorities plan to give priority in the supply of natural gas to the population, not to industrial consumers

Baowu Group produced 61.5 million tons of steel in the first half of the year

During the same period, the company's operating revenue amounted to $73.6 billion.

Kametstal released more than 30 thousand tons of production for the domestic market in July

The rolling shop of the plant produced almost 8 thousand tons of rebar, more than 20 thousand tons of wire rod and 1.5 thousand tons of round steel

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USA in January-June increased steel imports by 14%

Imports of finished products increased by 34.7% in six months

Will anti-dumping investigations against steel from the Russian Federation become a trend

Cheap Russian steel products lead to a drop in production and income of local manufacturers

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India plans to build 12 steel plants with a capacity of 60 million tons per year

New factories are planned to be set up in the state of Odisha

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ArcelorMittal intends to reconstruct one of the tailings storage facilities

In this way, the plant plans to increase the volume of waste storage

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