icon

steel production - Latest Articles GMK Center

Photo – JSW Steel increased steel sales by 27% y/y in Q1 2023/2024
JSW Steel increased steel sales by 27% y/y in Q1 2023/2024

The driver of sales growth was the increase in demand for steel in the infrastructure industry

Photo – Steel Dynamics increased its net profit by 27.5% q/q in Q2
Steel Dynamics increased its net profit by 27.5% q/q in Q2

The company's net sales amounted to $5.1 billion

Photo – Arvedi has developed an action plan for Acciai Speciali Terni relaunch
Arvedi has developed an action plan for Acciai Speciali Terni relaunch

The company applied for access to state support

Photo – Italy reduced steel production by 6.6% y/y in the first half of 2023
Italy reduced steel production by 6.6% y/y in the first half of 2023

In June, Italian steelmakers reduced steel output by 0.7% y/y and 4.4% m/m

Photo – Some Chinese steel companies expect losses in the first half of 2023
Some Chinese steel companies expect losses in the first half of 2023

Such forecasts are assumed by Linyuan I&S, Shandong I&S, Chongqing I&S, Xinjiang Bayi Steel and Ma'anshan I&S

Photo – China increased steel production by 1.3% y/y in the first half of 2023
China increased steel production by 1.3% y/y in the first half of 2023

In June, Chinese steel production increased by 0.4% y/y and 1.1% m/m. Factories are encouraged by rising product prices

Photo – POSCO to increase steel production to 52 million tons by 2030
POSCO to increase steel production to 52 million tons by 2030

The company also aims to triple consolidated operating profit

Photo – Steel expansion gains momentum in India
Steel expansion gains momentum in India

Such plans have JSW, Tata Tata Steel, AMNS and the state SAIL

Photo – Domestic demand for steel in China will increase in September-October
Domestic demand for steel in China will increase in September-October

In the second half of the year, the government is likely to introduce a policy of moderate control

Photo – China’s steel processing plants will maintain high productivity until the end of July – forecast
China’s steel processing plants will maintain high productivity until the end of July – forecast

There is a high level of utilization of blast furnace capacities in the country

Photo – Voestalpine will stop one of the BFs in Linz for maintenance in August
Voestalpine will stop one of the BFs in Linz for maintenance in August

The planned repair of the unit will last three months

Photo – ArcelorMittal will continue production at the steel plant in Foss-sur-Mer
ArcelorMittal will continue production at the steel plant in Foss-sur-Mer

The company won an appeal against an order to suspend steel production

1 2 3 … 44