Coronavirus Impact on Steel Markets

Originating in the Chinese city of Wuhan in December, the coronavirus first spread to neighboring countries before spreading to many others including an increasing number of European countries. On the SteelOrbis website, you can view up-to-date articles focusing on the latest developments regarding the virus and its effects on the steel markets.

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Free New lockdown exerts negative affect on scrap trading in Bangladesh

Free Oman restricts commercial operations amid coronavirus precautions

Free SEAISI: ASEAN economies hit by pandemic in 2020, Vietnam sees less damage

Free Salzgitter posts profit for Q1, expects better results for 2021

Free EUROFER: Apparent steel use in EU to rebound in 2021 amid better demand

Free UNESID: Spanish steel output falls by 18% in 2020 due to pandemic

Free Moody’s revises global steel and mining industry outlook to positive amid rising steel demand

Free Salzgitter posts loss for 2020, expects profit for 2021

Free Thyssenkrupp to cut additional 750 jobs at steel division

Free China’s steel exports surge by almost 30% to 10 million mt in Jan-Feb

Free Borusan Mannesmann posts net loss for 2020

Free EU new passenger car registrations down 24 percent in January

Free EUROFER: EU auto output to slump 19.5% in 2020, rebound by 15.9% in 2021

Free EUROFER: EU steel usage falls in Q3 2020, Q4 foreseen to be better

Free Voestalpine reports loss for Q3 FY 2020-21, revises EBITDA forecast for full year 

Free Euro zone manufacturing growth remains resilient in January

Free Russia’s MMK’s net profit down in 2020 amid coronavirus, picks up in Q4

Free Mining activities allowed during Peru’s new lockdown

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