Global insight
TURKEY FLAT STEEL WRAP: All prices fall in March as sentiment suffers from virus
Demand for flat steel products in Turkey was weak in March because of the spread of the Covid-19 pandemic in the country. |
Brazil's Usiminas to idle 2 blast furnaces at Ipatinga, halt Cubatão
Brazilian flat steel producer Usiminas has decided to shut down two blast furnaces at its Ipatinga unit and halt its Cubatão steelmaking facility in order to adjust its production to lower demand resulting from the outbreak of Covid-19, the company said on Thu... |
SAIL Bhilai Plant records a 42% growth in production of prime 260 m rail panels
Steel Authority of India (SAIL) Bhilai Steel Plant recorded a 42% growth in production of prime 260 metre long rail panels in 2019-20 over 2018-19. During the same period, the plant also posted a 30% growth in overall production of prime rails. |
Tata Steel cuts down production across all major operations in Inda and Europe
Tata Steel has cut down production across all its major operations in Inda and Europe amid the COVID -19 outbreak. |
Glencore : chrome joint venture in South Africa with Merafe declares force majeure
[Ferro-Alloys.com] Glencore's chrome joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a Merafe executive said. |
Euro Manganese : Provides COVID-19 Update
[Ferro-Alloys.com] VANCOUVER, British Columbia, April 02, 2020 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (“EMN” or the "Company") provides an update on its operations and mitigation measures at its Chvaletice Manganese Project in the Czech Republic, and on th... |
Global Covid-19 effects could cut iron ore supply by 18 mln tonnes in 2020, Vale says
Nationwide lockdowns and restrictions on activity to contain the Covid-19 pandemic could reduce the supply of iron ore in the seaborne market by around 18 million tonnes this year, according to mining company Vale. |
Anglo American expects 2-3mln-tonne hit to Kumba iron ore ops this year
Anglo American is expecting a production impact of 2-3 million tonnes at its Kumba iron ore operations in 2020, following a decision to operate with around half of its workforce during a 21-day lockdown in South Africa that started this week. |
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