COVID-19
Latest News
ArcelorMittal Brazil to Idle Blast Furnace
30 March 2020 - ArcelorMittal Brazil will temporarily idle a blast furnace at its Tubarão plant and throttle back production at some of its long steel plants, reports commodities news and pricing service S&P Global Platts.
U. S. Steel Takes Two BFs Out of Service, Postpones Capital Projects
27 March 2020 - In response to the COVID-19 pandemic and the sudden deterioration in the oil and gas markets, United States Steel Corporation is idling two blast furnaces and delaying a number of capital projects.
Indian Steel Producers Set COVID-19 Curtailments
26 March 2020 - JSW Steel, Tata Steel and ArcelorMittal are all pulling back on production despite exceptions that allow them to run during the country’s national COVID-19 lockdown.
thyssenkrupp, Labor Union Agree to Long-Term Strategic Plan, Coronavirus Curtailments
25 March 2020 - thyssenkrupp and the IG Metall labor union have come to terms on a plan in which the company will shed 3,000 steel jobs over six years, but will invest EUR800 million in its plants during that time, thyssenkrupp has announced.
voestalpine Idles Blast Furnace; Closes Global Sites
25 March 2020 - voestalpine has closed facilities in Europe, South America and the U.S. and will temporarily reduce hours at other European sites as global economy slows.
North American Auto Plants Postpone Restarts
25 March 2020 - Ford, Toyota and Hyundai are extending coronavirus shutdowns of their North American plants, and Kia has announced its intention to temporarily stop production in the U.S., reports WardsAuto.
ArcelorMittal, Gerdau Idling Some North American Assets
24 March 2020 - Some North American producers have announced production curtailments following word that automakers would temporarily halt production lines amidst the spread of the coronavirus.
U. S. Steel Issues Q1 Earnings Guidance
20 March 2020 - United States Steel Corporation expects to record a first-quarter loss due in part to difficulties in the tubular market and the European sheet market, both of which are occurring against the backdrop of a global pandemic, the company said on Friday.
Cleveland-Cliffs Pauses Work on Toledo HBI Plant
20 March 2020 - Cleveland-Cliffs Inc. is temporarily halting construction at its hot-briquetted iron (HBI) plant in Toledo, Ohio, USA, the company said late Thursday.
Mills, Service Centers Must Be Allowed to Remain Open, Steel Trade Groups Say
20 March 2020 - Steel mills and steel service centers are essential infrastructure and should be uniformly excluded from shelter-in-place policies, leaders at the American Iron and Steel Institute and the Metals Service Center Institute have said.
U.S. Iron Ore Miners Say No Virus Impacts...Yet
19 March 2020 - Minnesota’s Iron Range is bracing for a potential recession, but for now iron ore operations are continuing as they have, reports the Duluth News Tribune.
Nucor, SDI Off to Solid 2020 Start, But Coronavirus Consequences Loom
19 March 2020 - Impacts from the coronavirus have so far been minimal, but Nucor and Steel Dynamics said Thursday that they each expect to see fallout further down the road.
Coronavirus Forces North American Automakers to Halt Production Lines
19 March 2020 - As the coronavirus pandemic worsens, North America’s automakers are temporarily closing plants to protect workers and help halt the spread of the virus, reports the Associated Press.
Coronavirus Prompts ArcelorMittal to Reduce European Production
19 March 2020 - ArcelorMittal is reducing production in Europe due to impacts from the coronavirus, the company said Thursday.
Life at the Mill: Travel Restrictions, No Visitors
18 March 2020 - U.S. mills are continuing to produce steel, but for two of the biggest steelmakers, the new normal includes postponed meetings, travel restrictions and stricter visitors’ policies, reports The Times newspaper of northwest Indiana.
U.S. Steel Production So Far Unaffected by Virus, Mills Say
16 March 2020 - At least as of the end of last week, the coronavirus pandemic hadn’t yet impacted U.S. steel production, mill operators told S&P Global Platts.