
GMK Center
@GMKCenterNews
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Ukrainian based consulting company with the focus on European steel market. News, market studies and sustainability issues.
Ukraine
Joined November 2018
#US #steelmakers reduced their #imports of rolled #steel by 7.6% month-on-month to 1.64 million tonnes in June 2025. Total steel imports (rolled products and semi-finished products) for the month fell to 2.25 million tons. Read more heređź”˝.
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The European #HRC #market stagnated in July amid import pressure. Weak demand, cheap imports from Asia, and the approaching #CBAM caused a further decline in coil #prices. Read more here🔽. #GMKCenter #Ukraine #steelmakers #steel
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GMK Center roundtable “Ukrainian Electricity Market: Challenges for Industry and Steelmakers” is underway. Mauro Longobardo, CEO of #ArcelorMittal, took part in the second session “Visions and Plans of iron & steel Enterprises”. Follow the updates:
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#GCC countries can play an important role in #decarbonizing global #steel industry. About the Gulf’s green steel – read here🔽.
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#Kazakhstan reduced #steel production by 12.2% y/y in June. Flat steel production fell by 53.2% y-o-y during the month. Read more here🔽. #GMKCenter #Ukraine #steelmakers
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Problems in the #electricity sector create challenges for #decarbonizing #steel #industry. Why? Read the new study of GMK Center “EU electricity market: challenges for green transition in steel Industry”🔽.
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The average #CO2 #emissions per 1 ton of finished #steel in #Turkey is about 1 ton. In essence, local steel is already green. Turkish recipe for green steel – read here🔽.
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In January-June, global pig #iron production decreased by 0.8% compared to the same period last year, to 698.6 million tons. Read more heređź”˝.
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#ArcelorMittal confirms suspension of plans for #DRI plant in #Dunkirk. The company cites the unprofitability of the #investment, given the #prices of #gas and green #hydrogen. Read more here🔽. #GMKCenter #Ukraine #steelmakers #steel
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American #rebar producers have raised #prices by $60/t. At least three US companies, including Nucor and Gerdau, have announced price increases. Read more here🔽. #GMKCenter #Ukraine #steelmakers #steel
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