Industry News
- Kazakhstan increased steel production by 22.7% m/m in October
Flat steel production fell by 2.2% month-on-month
- Turkey exported over 16 million tons of steel in January-October
The largest growth in shipments was recorded for flat-rolled products and profiles, with Romania and Italy becoming the key markets
- China increases steel exports to Saudi Arabia amid trade restrictions
Chinese steel producers continue record exports
- Germany convenes steel summit in light of ongoing crisis in the sector
Friedrich Merz invited the government and business community to discuss ways to support the industry on November 6.
- Global steel production in September decreased by 1.6% y/y
Steel production in 70 producing countries amounted to 141.8 million tons in the month