Market sources have also indicated that a west coast based steel mill is operating at about 30% capacity.

In the middle of March, the average daily output of crude steel of key steel enterprises was 1.8366 million tons

Japan domestic steel consumption in 2020 is expected a decrease of 0.5% vs. 2019, at around 60 million tons.

Domestic steel price and index from March 16 to March 20.

The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.

ArcelorMittal has idled blast furnace 3 at its Bremen site in Germany, which was only restarted in January after extended repairs.

Vietnam’s Ministry of Industry and Trade has extended safeguard measures for steel billet and steel bars imported to Viet Nam until March 21, 2023.

Russian Steel Producers Suspend Alcohol Tests amid Coronavirus.