29
Feb
12:31
Sinking ArcelorMittal Poland production reflects European deindustrialisation
ArcelorMittal Poland (AMP)’s crude steel production sunk to just 3.1 million tonnes in 2023, down 9% on-year. This represents a drop exceeding 2mt over the last five years.
Production has been gradually declining following the closure of AMP’s Krakow blast furnace in 2020, weakening European steel demand, imports’ increased share in consumption, and uncompetitive production costs in Europe. Output in 2022 was 3.4mt, after 2021 production of 4mt, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous