POLAND RAISED ITS STEEL OUTPUT BY 5.3% MONTH OVER MONTH IN MAY

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Increase in May Production: Polish steelmakers increased steel production by 5.3% in May 2024 compared to the previous month, reaching 614 thousand tons.

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Global Ranking: Poland ranked 23rd among 71 steel-producing countries in May 2024, according to the WorldSteel Association.

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Yearly Comparison: In May 2024, steel production in Poland increased by 15.4% compared to May 2023.

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Average Monthly Production: The average monthly steel production for the first five months of 2024 was 596.8 thousand tons, down from 630 thousand tons in the same period in 2023, marking

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EU Steel Production: Steel production in the European Union from January to May 2024 decreased by 0.1% compared to the same period in 2023, totaling 56.1 million tons.

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Global Steel Production: Global steel production in the first five months of 2024 amounted to 793.2 million tons, a decrease of 0.1% year-on-year.

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