Coronavirus hits more steel producers in Europe
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,