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ℹ️ Latest steel industry news.

Ukraine's Zaporizhkoks posts higher output for September
5 percent year on year.7 percent year on year.Meanwhile, in the January-September period, the output of BF coke totaled 642,500 mt, increasing 21.In September, the company produced 70,200 mt of blast furnace (BF) coke, up 14.

🔗 Istanbul

🌎 International · 🗓️ October 11, 2023 · Steel

China’s auto consumption index down slightly to 78.6 in Sept from Aug
In particular, 63.According to CADA, vehicle sales in October may be similar to the situation in September, while they are expected to perform well in general in the fourth quarter.1 percent of vehicle dealers think that vehicle sales may see a year-on-year rise of five percent in the fourth quarter this year, while 16 percent of vehicle dealers believe the year-on-year rise may be higher than five percent though lower than 10 percent.

🔗 Shanghai

🌎 International · 🗓️ October 11, 2023 · Steel

CISA mills’ daily steel output down 3.15 percent in late Sept
Inventory levels of the large and medium-sized steel enterprises in China decreased in the given period.As of September 30, the finished steel inventories of large and medium-sized steel enterprises in China amounted to 15.In mid-September, the average aggregate daily crude steel output of large and medium-sized steel enterprises in China had totaled 2.17 percent compared to early September (September 1-10).24 percent compared to September 20.

🔗 Shanghai

🌎 International · 🗓️ October 11, 2023 · Steel

UK steel imports resemble ‘a python swallowing a goat’
The reporting of the carbon emissions embedded in steel products entering the EU begins on October 1.The panel debate covered a wide range of topics, including the EU’s incoming Carbon Border Adjustment Mechanism (CBAM) and the need to decarbonise the UK steel industry.And Wooffindin also expressed concern about the cost of energy in the UK, compared to countries elsewhere in Europe.He said: “We do need a decarbonised steel offering in the UK.”Murphy, however, suggested that the UK government’s investment to decarbonise domestic steelmaking was “still behind the curve” compared to counterparts in the EU.

🔗MEPS International

🌎 International · 🗓️ October 11, 2023 · Steel

Ukraine cautiously optimistic on seaborne iron ore exports, more effort needed for sustainability
The company re-oriented all exports to the European markets.According to Mr.The currently operational mills of the group, Zaporizhstal and Kametstal, are working at 65-75 percent capacity, versus a required 80 percent capacity utilization needed for normal working of the assets.And there is no other way other than to open the ports of Great Odessa [for sustainable exports],” the CEO said.Ryzhenkov, the restoration of exports via sea is particularly important for Metinvest’s mining segment, since its utilization has had to be lower due to impossibility of iron ore exports.

🔗 Istanbul

🌎 International · 🗓️ October 10, 2023 · Steel

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