Viohalco will close various subsidiaries of its steel business division in Greece as a result of the coronavirus, it said on Monday March 30.
31 March 2020
Carrie Bone
The Spanish steel industry has demanded clarification from the government following a March 29 decree to shut down all non-essential production as part of the battle to contain the Covid-19 pandemic, Fastmarkets heard on Tuesday March 31.
31 March 2020
Maria Tanatar, Julia Bolotova
China’s domestic rebar prices decreased further on Tuesday March 31 amid declining futures, though the pessimism among market participants decreased following the release of a higher manufacturing purchasing managers’ index (PMI) as well as that for the steel sector.
31 March 2020
Jessica Zong
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products.
31 March 2020
Here are five Fastmarkets stories you might have missed on Monday March 30 that are worth another look.
30 March 2020
Fastmarkets MB staff
Gerdau has halted price increase attempts in Brazil amid market weakness because of the Covid-19 pandemic, according to a report by local investment bank Itaú BBA from Sunday March 29.
30 March 2020
Renato Rostás
Export prices for steel rebar and wire rod from the Commonwealth of Independent States (CIS) fell sharply in the week to Monday March 30 amid the lack of demand in almost all markets due to the Covid-19 pandemic, as well as the recent dramatic drop in scrap costs.
30 March 2020
Vlada Novokreshchenova
ArcelorMittal has resumed operations at its long steel manufacturing sites in Luxembourg, where it stopped operations about a week ago because of the Covid-19 pandemic, the company said on Monday March 30.
30 March 2020
Julia Bolotova
Brazilian steel demand could fall by 50% in April compared with March after regional quarantines were enforced throughout the country to control the Covid-19 pandemic and large consumers, like automakers and capital goods manufacturers, were reducing activity, steel association Instituto Aço Brasil said on Friday March 27.
30 March 2020
Renato Rostás
The rebar price in Russia’s Central Federal District around Moscow increased in the week to Monday March 30, sources told Fastmarkets, mainly driven by seasonally better demand from the construction sector.
30 March 2020
Julia Bolotova
