S&P Global Commodity Insights has reported that Slovakian steelmaker US Steel Kosice has restarted operations at its blast furnace 1 in early January, which was idled since 2 December 2022 due to high energy prices, low market demand and surging imports, and is now operating two blast furnaces.The company has three blast furnaces and a total crude steel production capacity of 4.5 million tonne peryear. US Steel Kosice had previously idled its BF 2 on 4 September 2022 for an initial 60 days for planned outage and it would continue to adjust maintenance schedules according to demand.A number of European steelmakers had idled a number of blast furnaces in the second half of 2022 in the attempt to prevent steel price downtrend. However, some blast furnaces have been restarted and some are planned to StartedArcelorMittal has restarted 2.2 million tonne No 3 blast furnace in Poland in early JanuaryPlanned to RestartArcelorMittal plans to restart Blast Furnace A at its 4.5 million tonne per year Gijon plant in Spain
S&P Global Commodity Insights has reported that Slovakian steelmaker US Steel Kosice has restarted operations at its blast furnace 1 in early January, which was idled since 2 December 2022 due to high energy prices, low market demand and surging imports, and is now operating two blast furnaces.The company has three blast furnaces and a total crude steel production capacity of 4.5 million tonne peryear. US Steel Kosice had previously idled its BF 2 on 4 September 2022 for an initial 60 days for planned outage and it would continue to adjust maintenance schedules according to demand.A number of European steelmakers had idled a number of blast furnaces in the second half of 2022 in the attempt to prevent steel price downtrend. However, some blast furnaces have been restarted and some are planned to StartedArcelorMittal has restarted 2.2 million tonne No 3 blast furnace in Poland in early JanuaryPlanned to RestartArcelorMittal plans to restart Blast Furnace A at its 4.5 million tonne per year Gijon plant in Spain