steel production - Latest news GMK Center

The trend of increasing pig iron smelting in the country's blast furnaces has been observed for the 10th week in a row

In January-February, Italian steelmakers reduced steel output by 10.8% y/y

The blast furnace will reach planned production capacity in the first decade of April

The shortage of scrap metal is caused by a difficult situation with the collection of raw materials, at the same time, its exports increased by 3.5 times

According to forecasts, US Steel Kosice will ship 3.8-4 million tons of steel in 2023

ABS will invest €400 million in new equipment at the Italian plant over the next three years

The total capacity of the new blast furnaces will be approximately 4.4 million tons per year

China's steelmakers are increasing steel production as they expect demand for products to pick up in March

Both prices and sales volumes are decreasing on the rebar market

Due to the installation of the latest units, carbon emissions at the enterprise will be reduced by 2 thousand tons per year

The company announced its intention to resume the operation of the blast furnace, which was suspended in July 2022

Investments in the amount of €8.2-8.9 billion may be required for the green transition of the plant in Taranto