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 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

Free EU new passenger car registrations down 23.7 percent in 2020

Free Rio Tinto achieves strong iron ore performance in 2020

Free Brazil mining regulator may delay decisions due to increasing Covid cases

Free Steel prices in Vietnam to hit four-year peak in 2021

Free Fitch Solutions: Steel sector to see more favorable pricing environment in 2021

Free IREPAS: Tight supply drives global long steel prices higher

Free Ukraine-based Group DF’s ilmenite concentrate output to fall 20% in 2020

Free Nucor starts operations at rebar micro mill in Florida

Free Japan’s crude steel output to fall in FY 2020-21, to hit 90 million mt next year

Free EU new passenger car registrations down 25.5 percent in Jan-Nov

Free Uğur Dalbeler: Safeguard measures to remain in the spotlight in 2021

Free Nippon Steel to start new galvanizing line at Kimitsu in Q1 2021

Free Poland-based JSW’s sales revenues down in Jan-Sept due to coronavirus

Free Thyssenkrupp posts profit for FY 2019-20, to cut jobs

Free BlueScope optimistic as demand recovery outpaces expectations

Free Vietnam’s steel output, sales and exports decline in January-October

Free ArcelorMittal’s Acindar increases steel output

Free Gerdau Diaco expects decreased output and sales in 2020

Free China’s auto dealer inventory warning index up slightly in Oct from Sept

Free Voestalpine reports loss for H1, revises expectations for full year 

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