icon

steel production - Latest Articles GMK Center

Photo – SSAB reduced steel production by 7.5% y/y in January-September 2022
SSAB reduced steel production by 7.5% y/y in January-September 2022

In 9 months, the company increased its net revenue by 2.07 times y/y – up to 19.11 billion Swedish crowns ($1.71 billion)

Photo – China reduced iron ore imports by 1.7% y/y in January-October 2022
China reduced iron ore imports by 1.7% y/y in January-October 2022

In October 2022, the import of iron ore decreased by 3.7% year-on-year and by 4.75% compared to the previous month

Photo – Turkish Erdemir to build a plant for the production of pellets for $550 million
Turkish Erdemir to build a plant for the production of pellets for $550 million

The plant's planned capacity will be about 3 million tons of pellets per year

Photo – Spain increased steel production by 50% m/m in September 2022
Spain increased steel production by 50% m/m in September 2022

In January-September 2022, Spanish steelmakers produced 9 million tons of steel

Photo – Nippon Steel increased sales by 26% in the first half of the FY2022-2023
Nippon Steel increased sales by 26% in the first half of the FY2022-2023

In April-September 2022, the company reduced steel production by 15.8% y/y

Photo – Turkish steelmakers call on the authorities to provide state support to the industry
Turkish steelmakers call on the authorities to provide state support to the industry

Competitiveness of Turkish steel sector under threat due to high production costs and low demand for products

Photo – Turkiye in September 2022 reduced steel production by 19% y/y
Turkiye in September 2022 reduced steel production by 19% y/y

In January-September, steel production in the country fell by 9.3% year-on-year

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 – Italian distributors consider low steel demand possible in 2023
Italian distributors consider low steel demand possible in 2023

The main concern is the fall in prices in January

Photo – US Steel notes the drop in demand for steel in Europe due to the war in Ukraine
US Steel notes the drop in demand for steel in Europe due to the war in Ukraine

In the third quarter, the European company US Steel Kosice reduced steel production by 26% y/y

Photo – BMZ reoriented the export of steel products to alternative markets
BMZ reoriented the export of steel products to alternative markets

European sanctions forced the company to increase exports to the markets of the Russian Federation, Africa, CIS countries and Southeast Asia

Photo – Serhiy Bilenky: «Iron and steel industry is doing everything to preserve production and collectives»
Serhiy Bilenky: «Iron and steel industry is doing everything to preserve production and collectives»

The head of the Ukrainian Federation of Steelmakers – about the socio-economic situation at the enterprises of the industry

1 … 25 26 27 28 29 … 44