steel production

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China reduced steel production by 6.5% in H1 2022

The production of finished steel fell by 4.6% in the first half of the year, and pig iron – by 4.7%

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India wants to double its steel production in the next 8 years

The newly appointed Minister of Steel of India considers reaching an annual output of 240 million tons by 2030

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ArcelorMittal Bremen reduced working hours for rolling mills workers

In the blast-furnace-oxygen converter steel production to continue

ArcelorMittal imposed part-time schedules for most employees since July

The company is forced to revise the employees schedules, as it can no longer pay full wages

German steelmakers expect production and prices decline in July

Steel production in Germany fell by 4.8% in five months

India reduced steel exports by 42% in May

Asian order book weakening and competitive prices from Chinese traders disrupted Indian exports

The end of hopes: steel production in Ukraine to fall because of low prices

The war, problems with logistics and raw materials deliveries are strongly affect the steel production too

By 2030, JSW Steel plans to reduce carbon emissions by 42%

Investments in various initiatives to reduce emissions will amount to more than $1 billion

Interpipe increased its profit by 70% in Q1 2022

Revenue from sales of the company's products for January-March increased by 19%

Indian steelmakers plan to reduce production in July due to low demand

Demand was negatively affected by the previously introduced export duty; inventories are overloaded

With episodic lockdowns, demand for steel in China is falling

In May, steel consumption in the country decreased by 14%, while daily production increased during the month by 1-3%

Italy in January-May reduced steel production by 1.9%

In May, the production of long products fell by 9.4% to 1.1 million tons, flat products – by 14.8%, to 871 thousand tons

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