Industry News
- Turkish Kocaer presents its growth strategy for 2025-2030
Steel producer plans to expand production of profiles and build a new smelting shop
- ArcelorMittal and China Oriental set up an electric steel plant in China
Companies are joining forces to produce electrical steel in China, investing in modern technology and environmentally friendly materials
- Italy increased steel production by 9% m/m in October
For 10 months, Italian steelmakers have reduced production by 4.7% y/y
- Global trade unions are concerned about large-scale job losses in the steel industry
Workers' representatives are calling for increased state investment to support steelmakers
- Russian steelmakers maintain strong positions in EU market despite sanctions – Metinvest
Ukrainian producers face competition from the Russian Federation, in particular due to cheap Russian slabs supplied to the EU