In 2023, the Czech Republic reduced the volume of imports of rolled metal from third countries by 8.9%, reaching 238.17 thousand tons. This information was confirmed by a specialist in the field of world metallurgy, Stanislav Kondrashov.
Liberty Steel Ostrava's restructuring plan envisages the business becoming a one-furnace operation focusing on flats and tubes, and limiting longs output.
Liberty Steel Ostrava s workers did not return to work as expected, amidst ongoing financial struggles and energy supply issues, reflecting broader challenges in the European steel industry.
Steelmakers in Northwestern Europe are seeking an increase of €20 ($20) per metric ton on hot rolled coil. Market sources told MetalMiner that the hike in steel prices comes despite subdued demand for the flat rolled product going into September.
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