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.

Friday, April 3, 2020

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...

Friday, April 3, 2020

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.

Friday, April 3, 2020

JFE Steel faces zero profit for first time in history

Major Japanese steelmaker JFE Steel is facing the prospect of recording zero profit for the year ending March 2020 for the first time in its history due to global economic tensions and rising raw materials prices, it warned on Friday March 27.

Thursday, April 2, 2020

EUROPE REBAR: Prices up in South on limited availability, steady in North

Domestic prices for steel rebar were unchanged in Northern Europe but slightly up in Southern Europe because of an increase in trading in Italy.

Thursday, April 2, 2020

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.

Thursday, April 2, 2020

Vale looks to again increase production at Brucutu

Brazilian miner Vale is seeking alternatives to waste disposal at its Brucutu iron ore mine to produce at 80% capacity this year.

Thursday, April 2, 2020

CIS STEEL BILLET: Daily index price lowest since October 2016

Prices in the CIS export billet market continued to slide on Wednesday April 1, in line with lower bids received amid the reduced trading activity.

Thursday, April 2, 2020
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