March 2020

Algeria cuts steel output to limit Covid-19 pandemic, sources say [UPDATED]

Algerian steelmakers Algerian Qatari Steel (AQS) and El-Hadjar Iron & Steel Complex have stopped crude steel production because of the Covid-19 pandemic, market sources told Fastmarkets on Friday March 27.

US PIG IRON: Market drop limited by reduced availability

The pig iron market in the United States dropped again in the week to Friday March 27, but not as much as buyers anticipated because material availability fell considerably due to heavy sales to China.

Brazilian pig iron export prices down on sales to China

Export prices for pig iron from Brazil moved lower during the week ended Friday March 27 on sales to China.

CIS PIG IRON: Market down despite resumption in sales to China

The market for pig iron exports from the Commonwealth of Independent States (CIS) was much reduced in the week to Thursday March 26, sources told Fastmarkets, despite a resumption of sales to China.

BANGLADESH SCRAP: Import prices drop sharply while buyers exit market

Prices for bulk cargoes of ferrous scrap imported to Bangladesh sank on Thursday as scrap-heavy steel mills showed less appetite for material, market sources told Fastmarkets.

ArcelorMittal Nippon Steel India is latest company to reduce output in response to India's coronavirus lockdown

ArcelorMittal Nippon Steel India (AMNS India) is the latest steelmaker in the country to confirm it is reducing production rates due to the Covid-19 coronavirus lockdown in the country.

IN CASE YOU MISSED IT: 5 key stories from March 24

Here are five Fastmarkets stories you might have missed on Tuesday March 24 that are worth another look.

India enters 21-day lockdown; 'essential commodities' production to continue

India is entering a 21-day lockdown period to help prevent the spread of the novel coronavirus (2019-nCoV) pandemic, but the production of essential commodities will continue.

Covid-19: A message from Fastmarkets CEO Raju Daswani

Fastmarkets will continue to provide the price data, news and analytics you rely on in these turbulent times.

US PIG IRON: Market weakens on general economic slowdown

The pig iron market in the United States has weakened further due to the general economic slowdown caused by the novel coronavirus (2019-nCoV) pandemic, sources told Fastmarkets in the week to Friday March 20.