steel production - Latest news GMK Center

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

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