steel production - Latest news GMK Center

Forecasts are based on the stabilization of factors related to the war in Ukraine and a decrease in energy prices

In 2022, the country's steel companies reduced steel output by 4.7%

The increase in production capacity of the plant is also influenced by the stability of logistics routes

In the sector of ferrous metal ores extraction and beneficiation, revenues decreased by 22% y/y

In 2022, the country's steelmakers reduced steel production by 8.6% y/y

In 2022, Belgian steelmakers increased steel production by 0.4% y/y

In 2022, Spanish steelmakers produced 11.46 million tons of steel

All major steel producers in the European Union showed a significant drop in smelting

In 2022, French steelmakers reduced steel production by 13.1% y/y

During the year, Ukrainian steelmakers produced 6.26 million tons of steel

Total production in the CIS countries and Ukraine decreased by 28.4% y/y for the month

The use of scrap should increase to 15% by 2025