News
- 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
- Ukrainian steel products consumption decreased to 2.62 million tons in January-October
More than 39.3% or 1.04 million tons are imported
- Race to Green Steel calls on automakers to switch to low-carbon steel
The campaign was launched by a coalition of non-profit organizations
- Egypt investigates dumping of cold-rolled and coated steel products from Turkey and China
The investigation was initiated by local steel producers Al-Obour Metal Industries and Kama Metal Coating and Processing