German steelmakers Saarstahl and Dillinger, both part of Stahl Holding Saar (SHS), have cut production amid the novel coronavirus pandemic, although blast furnace (BF) and coking plant operations will both be maintained, the companies said in a joint statement on Tuesday March 24.
The increasingly tough market situation in Europe, in the wake of the coronavirus outbreak, has forced regional steelmakers to adjust their production accordingly with declining demand.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern...