icon

steel - Latest news GMK Center

Photo – ANNOUNCEMENT: SMU Steel Summit 2022
ANNOUNCEMENT: SMU Steel Summit 2022

The event will take place from August 22 to 24

Photo – Iranian steelmakers accuse Russia of significantly reducing local production
Iranian steelmakers accuse Russia of significantly reducing local production

After the imposition of Western sanctions, Russia shifted all exports to Asian markets, reducing demand for Iranian steel

Photo – EU court blocks establishment of Thyssenkrupp and Tata Steel joint venture
EU court blocks establishment of Thyssenkrupp and Tata Steel joint venture

The joint venture could become the second largest steel producer in Europe

Photo – Germany reduced steel production by 11.5% in May
Germany reduced steel production by 11.5% in May

In January-May, German steelmakers reduced steel production by 4.8%

Photo – Zaporizhstal plans to restart blast furnace №3 in August
Zaporizhstal plans to restart blast furnace №3 in August

Now the plant's capacities are running at 50%, and after the restart of the third furnace, there will be 75%

Photo – Taiwanese steelmakers suspect Chinese traders of selling Russian steel
Taiwanese steelmakers suspect Chinese traders of selling Russian steel

Thanks to Chinese sellers, cheap steel from Russia enters the Taiwanese market, negatively affecting the local market

Photo – How macroeconomics and COVID “won” the war
How macroeconomics and COVID “won” the war

In June, steel prices made back to pre-war levels

Photo – ANNOUNCEMENT: UK & Europe Steel and Raw Materials Conference
ANNOUNCEMENT: UK & Europe Steel and Raw Materials Conference

On June 27-28, Barcelona (Spain) will host UK & Europe Steel and Raw Materials Conferenceс by MMSteelClub

Photo – Ukrainian steelmakers produced 4.2 million tons of steel in January-May
Ukrainian steelmakers produced 4.2 million tons of steel in January-May

Pig iron output fell to 4.15 million tons, rolled products – to 3.79 million tons

Photo – Wartime steel: how the metal market works during the war
Wartime steel: how the metal market works during the war

In general, the situation in the metal trading market is cautiously optimistic

Photo – Zaporizhstal reduced rolled metal output by 53% in May
Zaporizhstal reduced rolled metal output by 53% in May

Steel and iron production also fell by more than half

Photo – In 2022, steel production in Ukraine may fall to 7.6 million tons
In 2022, steel production in Ukraine may fall to 7.6 million tons

4.7 million tons of rolled steel exports are expected at the same period

1 7 8 9 10 11 20