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17 Jan
13:53

HBIS Serbia continues running on one blast furnace

HBIS Group Serbia Iron & Steel will continue to operate with only one blast furnace due to weak demand globally, especially in the European steel market, says the company’s executive director of operations, Vladan Mihailovic. HBIS Serbia’s production last year was slightly over 1.1 million tonnes of slab, after blast furnace No.1 was idled in mid-2023, Kallanish notes. "We continued production with blast furnace No.2, and about 35% of ou…
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