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rolled steel production - Latest Articles GMK Center

Photo – The court rejected all applications for Liberty Steel’s rolling assets in Belgium
The court rejected all applications for Liberty Steel’s rolling assets in Belgium

Local unions have previously expressed support for Liberty Galati's bid

Photo – Germany increased steel sales by 17.4% m/m in March
Germany increased steel sales by 17.4% m/m in March

Sales of flat rolled products increased by 5.4% m/m, long products – by 11.6% m/m, and other steel products – by 17.9% m/m

Photo – Germany’s Dillinger achieved record production results in 2022
Germany’s Dillinger achieved record production results in 2022

In 2022, the company increased the production of steel products by 3.4% – up to 1.84 million tons – more than 1 million tons of thick rolled products were produced

Photo – Nucor reported net income of $1.14 billion in the first quarter
Nucor reported net income of $1.14 billion in the first quarter

In the fourth quarter of 2022, the company's net profit was $1.26 billion

Photo – Kazakhstan reduced steel production by 11.7% y/y in March
Kazakhstan reduced steel production by 11.7% y/y in March

Flat rolled production in March 2023 decreased by 8.6% year-on-year

Photo – Italy increased steel production by 2.6% y/y in March
Italy increased steel production by 2.6% y/y in March

In the first quarter, Italian steelmakers reduced steel output by 6% y/y

Photo – Italian Feralpi seeks to attract investment for development
Italian Feralpi seeks to attract investment for development

Initial public offering is being considered as one of the potential options

Photo – The fires at ArcelorMittal will provoke a deficit of 1 million tons of hot-rolled steel on the EU market
The fires at ArcelorMittal will provoke a deficit of 1 million tons of hot-rolled steel on the EU market

The main shortage of hot-rolled steel in the EU is expected in the summer 2023

Photo – ArcelorMittal warned of delays in the supply of rolled steel in Europe
ArcelorMittal warned of delays in the supply of rolled steel in Europe

The company is assessing the consequences of fires that occurred at blast furnaces in Spain and France

Photo – Turkish Kardemir plans to invest $1 billion over five years
Turkish Kardemir plans to invest $1 billion over five years

In 2023, the company will complete 13 different environmental investments

Photo – Outokumpu sells the rest of the long rolled steel segment
Outokumpu sells the rest of the long rolled steel segment

The deal will be completed within a few months, its total cost is €12 million

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