April 2020

Italian stainless steelmaker resumes production after Covid-19 shutdown

Italian stainless steelmaker Acciai Speciali Terni (AST) has resumed production, following a week of downtime in response to the coronavirus pandemic, sources told Fastmarkets on Monday April 6,

Oman’s Moon Iron and Steel starts billet production

Moon Iron and Steel (Misco) started production of billet at its facility in Sohar, Oman in the week starting March 30, sources close to the company told Fastmarkets.

Spain likely to extend lockdown to April 25, steel industry to sustain at lower rates

Spain’s prime minister Pedro Sanchez has urged the Spanish parliament to extend the country's lockdown to April 25 to curb the spread of Covid-19, which would mean the country's steel industry continuing to operate at reduced rates, Fastmarkets heard on Monday April 6.

Brazilian vehicle output down 21% in March on coronavirus-related stoppages

Vehicle production in Brazil fell by 21.1% year on year in March due to lockdowns introduced to contain the Covid-19 pandemic in the last 15 days of the month, car manufacturer association Anfavea said on Monday April 6.

British Steel pauses production at some sites on coronavirus demand drop

British Steel is adjusting and pausing production at various sites due to a drop in demand, the company said on Friday April 3.

TRADE CASE MONITOR: Around the world's steel markets in March 2020

Competition in the global steel markets remains fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in March 2020.

Gerdau to idle one blast furnace at Ouro Branco mill, halt long steel rolling

Brazilian steelmaker Gerdau will idle the No2 blast furnace at its Ouro Branco mill, in the southeastern state of Minas Gerais, this month to adjust operations due to to currently weakened demand because of the Covid-19 pandemic, the company said on Friday April 3.

ArcelorMittal’s No3 blast furnace at Tubarão to remain idle until market recovers

ArcelorMittal’s Brazilian unit has clarified information about the shutdown of its No3 blast furnace in Tubarão facility, in the country’s southeastern Espírito Santo state; the equipment will remain halted for an indeterminate period, the company told Fastmarkets on Friday April 3.

Europe's largest coking coal producer declares force majeure due to pandemic

Polish coal miner Jastrzebska Spólka Weglowa (JSW), the largest coking coal producer in Europe, declared force majeure to its clients on Thursday April 2 due to the effects of the Covid-19 pandemic on its operations, in a statement seen by Fastmarkets.

EU CARMAKER CLOSURES 03/04: Ford extends shutdowns, Daimler applies short-time working

Carmaker Ford has extended the restart of its European operations into May, while Mercedes-Benz owner Daimler has chosen to bring in short-time working while European nations try to control the Covid-19 pandemic.