16
Apr
11:47
Liberty Ostrava to idle blast furnace on Covid-19
Liberty Ostrava will at the end of April idle blast furnace no.2 until the end of August after an assessment of market conditions resulting from the Covid-19 pandemic, the Czech steelmaker says. Blast furnace no.3 will remain in operation.
The move will allow Ostrava to adapt to reduced European steel demand by decreasing hot metal production by -20% and more efficiently managing inventories, the firm says. In recent years, the May-July period has been the constru…
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Anonymous
Very good overview of the weekly steel market.
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