Brazil's CSN halts No2 blast furnace on weak demand

Brazilian flat and long steel producer Companhia Siderúrgica Nacional (CSN) has halted the No2 blast furnace at its Usina Presidente Vargas (UPV) unit, aiming to adapt its steel production to weak demand conditions, the company said late on Friday May 29.

The affected equipment has capacity for 1.50 million tonnes of crude steel per year. CSN did not say how long the stoppage will last.

In mid-May, several sources said the company had started procedures to halt...


Felipe Peroni

June 01, 2020

05:11 GMT

São Paulo