icon

steel production - Latest Articles GMK Center

Photo – Iskenderun steelmakers did not suffer significant damage as a result of the earthquake
Iskenderun steelmakers did not suffer significant damage as a result of the earthquake

Steel plants in the region have temporarily suspended operations to assess damage and logistical capabilities

Photo – ArcelorMittal has restarted a blast furnace at a plant in Spain
ArcelorMittal has restarted a blast furnace at a plant in Spain

The unit has been idle since the end of September 2022 due to uncertain economic prospects and unfavorable market conditions

Photo – India increased steel exports by 33% m/m in January 2023
India increased steel exports by 33% m/m in January 2023

Recovery of global steel prices and abolition of 15% export duty boosted export orders from India

Photo – India to increase the share of scrap in steel production to 50% by 2047
India to increase the share of scrap in steel production to 50% by 2047

Gradually, the country will increase the import of scrap metal, becoming the world's largest importer of such raw materials

Photo – US Steel Kosice reduced steel shipments by 13% y/y in 2022
US Steel Kosice reduced steel shipments by 13% y/y in 2022

In 2023, steel deliveries to customers are expected to grow by 1-20%

Photo – TCUD predicts an increase in steel production in Turkiye in 2023
TCUD predicts an increase in steel production in Turkiye in 2023

Forecasts are based on the stabilization of factors related to the war in Ukraine and a decrease in energy prices

Photo – Austria increased steel production by 0.5% m/m in December 2022
Austria increased steel production by 0.5% m/m in December 2022

In 2022, the country's steel companies reduced steel output by 4.7%

Photo – ArcelorMittal Kryvyi Rih plans to reach 50% capacity after stabilization of energy supply
ArcelorMittal Kryvyi Rih plans to reach 50% capacity after stabilization of energy supply

The increase in production capacity of the plant is also influenced by the stability of logistics routes

Photo – Chinese steelmakers’ revenues in 2022 fell by 91.3% y/y
Chinese steelmakers’ revenues in 2022 fell by 91.3% y/y

In the sector of ferrous metal ores extraction and beneficiation, revenues decreased by 22% y/y

Photo – Poland increased steel production by 8.3% m/m in December 2022
Poland increased steel production by 8.3% m/m in December 2022

In 2022, the country's steelmakers reduced steel production by 8.6% y/y

Photo – Belgium increased steel production by 28.3% m/m in December 2022
Belgium increased steel production by 28.3% m/m in December 2022

In 2022, Belgian steelmakers increased steel production by 0.4% y/y

Photo – Spain reduced steel production by 19.8% m/m in December 2022
Spain reduced steel production by 19.8% m/m in December 2022

In 2022, Spanish steelmakers produced 11.46 million tons of steel

1 … 16 17 18 19 20 … 44