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steel production - Latest Articles GMK Center

Photo – Kazakhstan increased steel production by 6.4% m/m in April
Kazakhstan increased steel production by 6.4% m/m in April

In January-April, the country's steel enterprises reduced steel production by 11.3% y/y

Photo – Italy reduced steel production by 12.1% y/y in April
Italy reduced steel production by 12.1% y/y in April

In January-April, Italian steelmakers reduced steel output by 7.6% y/y

Photo – ArcelorMittal expands electrical steel production capacity in France
ArcelorMittal expands electrical steel production capacity in France

From 2024, the Mardyck plant will produce an additional 200,000 tons of electrical steel

Photo – Steel exports from Spain decreased by 14% y/y in 2022
Steel exports from Spain decreased by 14% y/y in 2022

Due to rising energy costs, steel shipments from Spain fell to the level of pandemic 2020

Photo – Gerdau suspends steel production at one of its plants in Brazil
Gerdau suspends steel production at one of its plants in Brazil

The stoppage is planned for the end of May 2023

Photo – Germany reduced steel production by 3.8% y/y in April
Germany reduced steel production by 3.8% y/y in April

In April, the production of pig iron in the country fell by 3.4% y/y

Photo – Nippon Steel to produce 35 million tons of steel in the 2023/2024 fiscal year
Nippon Steel to produce 35 million tons of steel in the 2023/2024 fiscal year

In the 2022/2023 financial year, the company reduced the volume of steel production by 11.4%

Photo – Turkish Yıldız invests more than $152 million in new steel facilities
Turkish Yıldız invests more than $152 million in new steel facilities

The construction of the new enterprise is planned to be completed in three years

Photo – Acciaierie d’Italia restarted blast furnace №2
Acciaierie d’Italia restarted blast furnace №2

The blast furnace has been idle since July 2022

Photo – China increased steel production by 4.1% y/y in January-April
China increased steel production by 4.1% y/y in January-April

Chinese steelmakers increased steel output by 1.5% y/y in April

Photo – Acciaierie d’Italia sold 3 million tons of steel products in 2022
Acciaierie d’Italia sold 3 million tons of steel products in 2022

During the year, the company produced 3.5 million tons of steel and 3.3 million tons of pig iron

Photo – Tata Steel to double its steel production capacity in India by 2030
Tata Steel to double its steel production capacity in India by 2030

The company sees enough opportunities to increase production capacity to 40 million tons per year

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