International Steel Mills
June 4, 2020
CRU: Covid-19 Impact on the Steel Supply
Written by Iris Speelmanns
By CRU Analyst Iris Speelmanns, from CRU’s Global Steel Trade Service
The spread of Covid-19 has resulted in an annualized loss of 284 Mt of steel capacity outside China. Slowly easing lockdown measures in most regions have allowed for the resumption of some industrial activities and steel producers in some countries are restarting their operations, while others have been forced to make further curtailments.
