steel production - Latest news GMK Center

The share of steel produced by electric arc furnaces will increase to 22% by 2030

Despite the drop in steel production by 15% y/y, the company managed to increase product sales to $5.93 billion

The share of offshore imports to the country increased by 20% from 2014 to 2022

Most large steel plants resumed work after earthquakes

Work on the project of a new iron ore cold briquetting line will begin in 2023

Steel production in the country fell by 2.5% y/y for the month

The company ended the first half of last year with a net loss of $1.69 billion

A new steel plant is planned to be built in the country

Buyers need to stock up, and import offers are currently limited

Ukrainian specialists helped Turkish colleagues restore the coke-chemical wing of the plant after the earthquake

This is the second consecutive decrease in the price of gas in the country in 2023. In February, gas for industry became cheaper by 13-17%

Steel producers in China and Indonesia will make a significant contribution to this growth