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ArcelorMittal achieves 20-25% of production capacity in 2022

In 2022, iron ore production reached 1.6 million tonnes and steel -1.2 million tonnes. In 2022, ArcelorMittal production of rolled products decreased by 76.1% compared to 2021, reaching 1.1 million tonnes, or 22.8% of the company’s business plan for the production of steel products. Cast iron production decreased by 70% compared to 2021, reaching 1.6 …

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Steel prices on the last day of 2022

According to the prices of the global steel markets, the scrap price reached 401$/tonne , Iron ore price was 116$/tonne , while the prices of billets ranged between 510 and 555$/tonne, and the prices of rebar ranged between 670 and 690$ / tonne, Wire Rod ranged between 700 and 700$ / tonne.

Steel prices in the third week of November 2022

According to the prices of the global steel markets, the scrap price reached 339$/tonne , Iron ore price was 99$/tonne , while the prices of billets ranged between 480 and 580$/tonne, and the prices of rebar ranged between 620 and 635$ / tonne, Wire Rod ranged between 640 and 660$ / tonne.

Steel prices in the second week of November 2022

According to the prices of the global steel markets, the scrap price reached 340$/tonne , Iron ore price was 92$/tonne , while the prices of billets ranged between 490 and 580$/tonne, and the prices of rebar ranged between 6250and 64$ / tonne, Wire Rod ranged between 645 and 680$ / tonne.