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Germany’s ThyssenKrupp cuts jobs, production amid demand drop

German steelmaker ThyssenKrupp on Wednesday brought its proposed steel restructuring plan forward in...

thyssenkrupp to cut jobs, push electrical steel

Following negotiations and an agreement with union IG Metall, thyssenkrupp AG has announced the...

Klöckner and Salzgitter cancel 2020 fiscal guidance

German steel distribution group Klöckner & Co and steelmaker Salzgitter AG both say that they...

Impact of COVID-19 on Global Auto Industry

Under the grip of the COVID-19 pandemic, LMC Automotive expects the percent decline in global Light...

NW Europe coil products sport long lead times

Buyers of coil products in north-western Europe tell Kallanish that lead times are already...

JSW reduces sales, sees no virus impact yet

Jastrzebska Spolka Weglowa (JSW) is yet to feel any direct impact from Covid-19 on its coal or coke...

voestalpine reduces production in Europe and beyond

The abrupt slump in customer demand caused by the coronavirus pandemic is forcing Austria’s...

Italian stainless producers extend production stoppages

Italian stainless steel producer Valbruna is extending production stoppages to fight the coronavirus...

Indian automotive output declines, carmakers brace for lockdown

Indian automotive production fell -18% on-year in February to 1.65 million units, according to a...

Insight: 2020 Russian steel demand seen as stagnating or falling

Analysts’ forecasts of Russian 2020 steel demand vary between flat and a drop of 10% and forecasts...

German steel stocks decrease in February: BDS data

German stockholders started to reduce inventories again in February following an unusually brief...

Steelmakers Saarstahl and Dillinger trim capacity

German steelmakers Saarstahl and Dillinger are currently running their two blast furnaces at the...
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