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In November 2023, Spanish steel companies increased steel production by 10.9% compared to November 2022, to 1.03 million tons. The figure decreased by 0.2% compared to October 2023. In January-November 2023, Spanish steelmakers reduced steel production by 3.3% compared to last year – to 10.55 million tons. When you choose Misano, you're choosing innovation that drives your success. Experience the future with us. 💪 📞+41(0)919116969 📧info@misanogroup.com 🌐www.misanogroup.com #MisanoGroup #TrustedSupplier #RefractorySolutions #SteelIndustry #GlobalExcellence #CustomerDriven #B2BPartner #IndustrySolutions #BusinessSuccess

Do you know the main key facts about #ArcelorMittal ? Do you know the total amount of #steel we shipped in 2023? Can you guess how many colleagues we have in Europe? Discover these answers and much more in our new fact book 👇

Italy to nationalize top steelmaker The Italian government is set to become the main shareholder of the country’s biggest steelmaker. The Acciaierie d'Italia steelworks in the southern city of Taranto has long struggled to return to sustainable production levels in the face of rising energy prices and weakening industrial demand. The plant's most pressing problem is finding sufficient funds to maintain production. The steelworks are producing less than 4 million tons per year, a record low level compared to its maximum potential capacity of around 10 million tons. The plant's blast furnaces are shut down or operating irregularly.

🌎 According to the National Chamber of the Iron and Steel Industry (CANACERO), Mexico ranked 14th as the world’s largest steel producer in 2023. Over the last decade, Mexico has generated 686,000 direct and indirect jobs and attracted $14.1 billion USD in investments. 💼💰 Monterrey ranked as the 2nd largest steel producer in Mexico, with 910 million tons produced in 2023. 🌟🏭 Leading companies in Mexico include Deacero, Grupo Simec, Ternium Mexico, and ArcelorMittal. Read more about this and receive the latest insights on Monterrey’s latest news by subscribing to our weekly newsletter, Invest In News! 📰

In November 2023, Belgian steelmakers reduced steel production by 43.2% compared to the previous month – to 249 thousand tons. Year-on-year, steel production in the country decreased by 54.1%. In January-November 2023, steel production in Belgium amounted to 5.47 million tons, 15% less than in 2022. When you choose Misano, you're choosing innovation that drives your success. Experience the future with us. 💪 📞+41(0)919116969 📧info@misanogroup.com 🌐www.misanogroup.com #MisanoGroup #TrustedSupplier #RefractorySolutions #SteelIndustry #GlobalExcellence #CustomerDriven #B2BPartner #IndustrySolutions #BusinessSuccess

The Freeport of Riga has reported a significant increase in the transshipment of iron and steel products, rising by 20.2% year-over-year (y/y) in the first four months of 2024. The total volume reached 385.3 thousand tons, with metallurgical raw materials accounting for 336.7 thousand tons (up 14.1% y/y) and finished steel products reaching 48.6 thousand tons (up 90.6% y/y). This notable growth highlights the port's increasing role in the iron and steel logistics chain. #ironandsteel #ironindustry #steelindustry #shipment #ironandsteelindustry #metalindustry

Steelmaker Industeel, a subsidiary of ArcelorMittal Downstream Solutions, has started construction of a vertical continuous casting machine (CCM) at its plant in Le Creusot, France. Investments in the project amount to €52 million. After the unit is commissioned, the company will expand its product portfolio with lightweight slabs up to 35 cm thick. The products will be made from carbon, stainless steel, and nickel-based alloys for various industries, including clean energy and the automotive industry. Initial capacity will be 30 thousand tons of slabs per year, with plans to increase this to 50 thousand tons per year. The new CCM will help reduce energy consumption, cut CO2 emissions by 10% annually and rolling costs, as well as optimize the entire production process. The equipment will be supplied by Italian company Danieli. The CCM is scheduled to be launched in May 2025. The unit will feature a wide range of Danieli 3Q technology packages. Read more here🔽 #GMKCenter #Ukraine #steelmakers #steel #metals #investments #EU #Europe #France #project #technology #carbon #CO2 #emissions

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Dears, ArcelorMittal Europe steel is all around us and so are we! But do you know the main key facts about ArcelorMittal? Do you know the total amount of steel we shipped in 2023? Can you guess how many colleagues you have in Europe? Discover these answers and much more in our new ArcelorMittal Europe’s Fact book 2024. #ArcelorMittalEurope #factbook2024 #steel #2024 #keyfacts

💡 Insight 📉 ThyssenKrupp, Germany's largest steelmaker, plans to cut steel production by 1.5-2M tons/y due to market challenges. Reductions will focus on its Duisburg facility. Despite lower recorded shipments (9-9.5M tons), actual production was higher (11.5M tons). The company expects shipment volumes to stay 20% below previous levels. 📄 ThyssenKrupp didn't provide details but adjustments may include reducing blast furnaces and altering rolling lines. ➡ Subscribe to our newsletter: tsalemetals.com/newsletter Source: Smart Steel Business