Huta Laziska has made only minor adjustments to its output so far in 2020, due to annual planned maintenance measures that have meant only a small amount of production losses.
Its regular quarterly production has been around 18,000 tonnes in recent years. While the bulk of the plant’s output is ultimately shipped to major European steel producers, it chooses to sell its output to traders because steelmakers typically buy on payment terms of 60-90 days.
But European steel production has fallen this year due to the restrictions being imposed to limit the spread of the Covid-19 pandemic, which has affected consumption more broadly in Europe and around the world.
The European ferro-silicon market for standard-grade material has been...