By CRU Analyst Iris Speelmanns, from CRU’s Steelmaking Raw Materials Monitor The following is excerpted from CRU’s weekly report on steel supply disruptions and restarts. Several weeks after national lockdowns were eased, activity in steel-consuming sectors continues to resume and mills are restarting or ramping up production in some regions. Outside China, the spread of […]
By CRU Analysts Irina Melkonyan and Iris Speelmanns, from CRU’s Steel Sheet Products Market Outlook Russia is among the biggest steel exporters in the world, delivering to a wide range of destinations. However, steel demand in all regions diminished as the world was hit by Covid-19 and most steel producers globally have struggled. Unlike steelmakers […]
By CRU Analyst Iris Speelmanns, from CRU’s Global Steel Trade Service The spread of Covid-19 has resulted in an annualized loss of 284 Mt of steel capacity outside China. Slowly easing lockdown measures in most regions have allowed for the resumption of some industrial activities and steel producers in some countries are restarting their operations, […]
By CRU Analyst Iris Speelmanns, from CRU’s Steel Monitor As the Covid-19 pandemic spreads across the world, its effects on the steel industry are growing. In this weekly report, we will be closely monitoring developments in the steel industry with a focus on disrupted hot metal production and capacity utilization and these will feed into […]
By CRU Analysts Kevin Bai and Iris Speelmanns, from CRU’s Iron Ore Costs China has launched a probe into steelmaking capacity to understand the true state of the industry. If the government views the current state as detrimental to its reform agenda, orders to curb supply could be forthcoming. If enough capacity is curbed, this […]