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.

 
Start Date
End Date



Free EUROFER: EU construction output to drop in 2020, rebound in 2021

Free JFE Steel likely to bring forward closure of blast furnace at Keihin

Free EUROFER expects EU auto output to slump in 2020, rebound in 2021

Free CCMA: China’s machinery industry to see further improvement in H2

Free Outokumpu expects decline in stainless steel deliveries in Q3

Free EUROFER: EU steel exports fall in January-April

Free Evraz’s revenues down in H1 amid challenging market conditions

Free Kobe Steel expects its sales volume to decline sharply

Free Voestalpine’s Q1 performance significantly impacted by pandemic

Free EUROFER: COVID-19 pandemic has slashed steel usage forecasts

Free Turkey’s Erdemir to build pellet plant with Japanese partner

Free Nippon Steel expects its production to recover

Free Euro zone manufacturing growth rises in July amid recovery of output and demand

Free ArcelorMittal’s reports $1.7 billion net loss in H1

Free Federacciai: Italian steel output could fall by 15 percent this year

Free China’s steel sheet/plate exports down 31.1% in June, faster than in May

Free Brazil’s CSN goes from loss to profit in Q2

Free JSW Steel posts net loss for June quarter

Free Tata Steel offers UK government 50% share in Port Talbot steelworks

Free Hoa Phat Group’s net profit hits almost 30-year quarterly peak in Q2

Free POSCO to shut down almost 50-year-old BF No. 1 at Pohang mill

Free Russia’s Severstal expects domestic steel demand to recover in H2

Free Salzgitter announces pre-tax loss for H1, expects loss for 2020

Free German crude steel output decreases by 27.3 percent in June

Free Toyota’s local output to recover in August amid strong global demand

Free SSAB posts net loss for H1, expects demand recovery in late Q3

Free Turkey’s Kardemir receives TSI Covid-19 Safe Production Certificate

Free Vale’s iron ore output down 7.1 percent in H1, maintains guidance

Free BHP Billiton posts record iron ore output, Covid-19 risks remain

Free Italian crude steel output recovers in June, still down year on year

Covid-19 affects Peruvian iron ore exports in May

Free Covid-19 cases increase among mining industry workers as Peru resumes activities

Free Latin America's steel consumption down 30% in April amid Covid-19

Free IG Metall calls on German government to help steel sector

Free Erdemir is first integrated mill to get TSI Covid-19 Safe Production Certificate

Free Tata Steel to receive furlough retention bonus from UK government

Free Moody’s changes outlook of JSW Steel to negative

Free ArcelorMittal idles Pennsylvania coke plant

Free South Africa temporarily bans scrap exports to secure domestic supply

Free UK’s new car registrations down 48.5 percent in H1

European FeCr benchmark price unchanged for Q3

Free Euro zone manufacturing growth rises in June amid eased restrictions

Free WV Stahl: EU should find other ways to prevent steel import crisis

Free Global iron ore output and consumption expected to fall in 2020

Free Australian iron ore prices to come under pressure after 2020

Free Malaysia’s Ann Joo reports increase in net loss for Q1

Free Volkswagen abandons Turkish auto plant plans due to coronavirus

Free Celsa close to signing loan deal with UK government

Free US Steel will restart Indiana furnace after July 4 holiday

Free SEAISI: ASEAN steel demand to dip below 80 million mt in 2020, to recover by 5% in 2021

Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.