Overseas
March 22, 2020
CRU: Pandemic Disruption Spreads Worldwide
Written by CRU Americas
By CRU Principal Analyst Matt Watkins, from CRU’s Global Steel Trade Service
Covid-19 is now the major driver of developments in the global steel industry, as indeed it is in the wider economy. Over the past month the virus has spread rapidly outside China and its growth remains uncontrolled. Europe has become a new epicenter of the outbreak (see chart 1) but there are a huge and growing numbers of cases in many other regions.
