Australia's coal industry is reviewing plans for expansion and sustaining capital expenditure as they attempt to conserve cash amid fears that coal prices will return to a long period of historical lows below those seen in 2015-16.

Covid-19-related shutdowns of automotive plants across North America could cost US automakers at least 900,000 vehicle sales this year, reducing steel demand, according to industry estimates.

The seaborne thermal coal market is oversupplied by around 40mn t and a demand-supply imbalance could persist for much of this year as the Covid-19 pandemic dents economic activity.

Continued supply tightness of ferrous scrap and higher overseas demand for Turkish rebar has limited the immediate-term downside for Turkish imported scrap prices despite a fall in local rebar demand in Turkey this week.

China's CRC prices slump 19% to date in 2020 on weak appliance, auto sectors

ArcelorMittal intends to halt BF2 at Fos-sur-Mer steel mill

The US produced 7.2 Mt of crude steel in March 2020, a decrease of 6.0% compared to March 2019.

The global steel industry is being impacted as our customers are hit by shutdowns.