steel production - Latest news GMK Center

During the month, Spanish steelmakers produced 925,000 tons of steel

Production is planned to be located in the industrial zone in the port of Ain Sokhna

Due to hostilities, half of the enterprises participating in the UCSC were forced to temporarily or partially stop their activities

Production fell by 31.2% y/y

During the month, Turkish steelmakers produced 2.1 million tons of steel

The company intends to allocate funds to the construction of two electric arc furnaces at the plants in Linz and Donavitsa by 2027

The vast majority of the order consisted of the mine rack SVP-27 and several names of channels and angles

Total production in the CIS countries+Ukraine for the month fell by 21.3% y/y

Flat rolled production in February 2023 fell by 9.5% year-on-year

The company is working with the American bank Goldman Sachs to explore options for selling the division

Global demand for steel improved at the start of this year

Pig iron production in the country decreased by 1.1% y/y in February