Coronavirus hits more steel producers in Europe

By IM Staff
Published: Thursday, 19 March 2020

More European steel producers have announced production cuts and equipment stoppages because of the measures being taken to combat the 2019-nCoV coronavirus pandemic, sources told Fastmarkets on Wednesday March 18.

By Julia Bolotova

The outbreak continues to hamper steel output in Europe with more producers announcing either stoppages or production slowdowns this week, sources said.

The largest European steel producer, ArcelorMittal, announced its decision to reduce output from its European Flat Products division, "given the extent of the outbreak, and...

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