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metal consumption - Latest Articles GMK Center

Photo – During the war, the demand for steel structures in Ukraine fell catastrophically
During the war, the demand for steel structures in Ukraine fell catastrophically

Survival in the market of metal structures depends on the ability to reorient to the products in demand

Photo – The consumption of steel products in the EU will decrease by 3.5% in 2022 – EUROFER
The consumption of steel products in the EU will decrease by 3.5% in 2022 – EUROFER

The industry association is concerned about the high level of imports to the EU

Photo – Ukrainian railcar builders sold 151 freight railcars in September 2022
Ukrainian railcar builders sold 151 freight railcars in September 2022

69 platforms, 58 hoppers and 24 semi-railcars were handed over to customers

Photo – Demand for steel in Ukraine began to recover from May
Demand for steel in Ukraine began to recover from May

Domestic demand for rolled steel has increased especially from producing and construction companies

Photo – Borys Rybachuk: Despite the war, farmers continue to build
Borys Rybachuk: Despite the war, farmers continue to build

Deputy CEO for development of KMZ Industries about how the company was able to retain 70% of pre-war customers during the war

Photo – The order portfolio of DMZ Karpaty is formed until March 2023
The order portfolio of DMZ Karpaty is formed until March 2023

The import of rolled steel does not completely cover the production needs of the enterprise

Photo – Western sanctions had almost no effect on the work of the Russian iron and steel industry
Western sanctions had almost no effect on the work of the Russian iron and steel industry

After 6 months of war, steelmakers from the Russian Federation are experiencing difficulties with exporting products and buying spare parts for equipment

Photo – ArcelorMittal expects Brazilian steel demand to double during a decade
ArcelorMittal expects Brazilian steel demand to double during a decade

Brazil has huge opportunities to increase steel consumption and feels the need to create additional infrastructure

Photo – EUROFER improved its forecast for steel consumption in the EU in 2022
EUROFER improved its forecast for steel consumption in the EU in 2022

The overall dynamics of steel demand has a high level of uncertainty

Photo – Kryukov Carriage Works completed testing of a new railcar model for the EU market
Kryukov Carriage Works completed testing of a new railcar model for the EU market

At the beginning of 2023, the plant intends to start serial production of a flat car for 1435 mm gauge

Photo – EUROFER expects 1.9% drop of metal consumption in the EU in 2022
EUROFER expects 1.9% drop of metal consumption in the EU in 2022

Reasons for the forecast update: the war in Ukraine, rising energy prices and the supply chains disruptions

Photo – European Union increased its steel imports from India by 76%
European Union increased its steel imports from India by 76%

The biggest consumers of Indian metal products in the EU were Italy and Belgium

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