Italian steel producers were continuing to run at reduced capacities in the week to Thursday May 14 despite the easing of the country's Covid-19-pandemic lockdown, with stainless steelmaker Acciai Speciali Terni (AST) planning to suspend production later this month.
Italian industry has been gradually resuming its operational activities since May 4, but most producers were still at reduced capacity because demand for steel remained "extremely low," sources told Fastmarkets.AST planned to suspend production from May 25 until June 2 to adjust output...