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steel production - Latest Articles GMK Center

Photo – US Steel notes improvement in European steel demand
US Steel notes improvement in European steel demand

According to forecasts, US Steel Kosice will ship 3.8-4 million tons of steel in 2023

Photo – Acciaierie Bertoli Safau plans to increase steel production to 2.3 million tons in 2023
Acciaierie Bertoli Safau plans to increase steel production to 2.3 million tons in 2023

ABS will invest €400 million in new equipment at the Italian plant over the next three years

Photo – Xinyu Steel will install two new blast furnaces at its Jiangxi plant
Xinyu Steel will install two new blast furnaces at its Jiangxi plant

The total capacity of the new blast furnaces will be approximately 4.4 million tons per year

Photo – China increased steel production by 5.6% in January-February 2023
China increased steel production by 5.6% in January-February 2023

China's steelmakers are increasing steel production as they expect demand for products to pick up in March

Photo – France’s construction sector is experiencing a slowdown
France’s construction sector is experiencing a slowdown

Both prices and sales volumes are decreasing on the rebar market

Photo – Tata Steel plans to install induction furnaces at its Corby pipe plant
Tata Steel plans to install induction furnaces at its Corby pipe plant

Due to the installation of the latest units, carbon emissions at the enterprise will be reduced by 2 thousand tons per year

Photo – Serbian steel mill HBIS to reach full capacity in March
Serbian steel mill HBIS to reach full capacity in March

The company announced its intention to resume the operation of the blast furnace, which was suspended in July 2022

Photo – Acciaierie d’Italia’s decarbonisation may require additional funds
Acciaierie d’Italia’s decarbonisation may require additional funds

Investments in the amount of €8.2-8.9 billion may be required for the green transition of the plant in Taranto

Photo – China plans to reduce coking coal consumption by 20-25% by 2030
China plans to reduce coking coal consumption by 20-25% by 2030

The share of steel produced by electric arc furnaces will increase to 22% by 2030

Photo – ArcelorMittal Poland increased steel sales by 15% y/y in 2022
ArcelorMittal Poland increased steel sales by 15% y/y in 2022

Despite the drop in steel production by 15% y/y, the company managed to increase product sales to $5.93 billion

Photo – Canada’s steelmakers are calling on the government to support the industry
Canada’s steelmakers are calling on the government to support the industry

The share of offshore imports to the country increased by 20% from 2014 to 2022

Photo – Turkish steelmakers to increase steel production in April 2023 — forecast
Turkish steelmakers to increase steel production in April 2023 — forecast

Most large steel plants resumed work after earthquakes

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