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Production & Shipments

Developments that could increase or decrease steel production and shipments around the world.

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AK Steel Banks Michigan Blast Furnace

31 Mar 2020 - With the COVID-19 pandemic having brought North American auto production to a halt, AK Steel is temporarily idling its Dearborn Works in Michigan, reports Fastmarkets AMM.  

An Aging Population, Other Market Challenges Force JFE Steel to Resize 

30 Mar 2020 - JFE Steel will permanently close a blast furnace in southeastern Japan as part of a plan to consolidate operations and refocus on key products, the company has announced.

SSAB Begins Layoff Negotiations

30 Mar 2020 - SSAB is preparing to initiate a round of temporary layoffs at its Finnish operations, citing weak demand due to the COVID-19 pandemic.  

ArcelorMittal Brazil to Idle Blast Furnace 

30 Mar 2020 - ArcelorMittal Brazil will temporarily idle a blast furnace at its Tubarão plant and throttle back production at some of its long steel plants, reports commodities news and pricing service S&P Global Platts. 

Indian Steel Producers Set COVID-19 Curtailments

26 Mar 2020 - JSW Steel, Tata Steel and ArcelorMittal are all pulling back on production despite exceptions that allow them to run during the country’s national COVID-19 lockdown. 

thyssenkrupp, Labor Union Agree to Long-Term Strategic Plan, Coronavirus Curtailments 

25 Mar 2020 - thyssenkrupp and the IG Metall labor union have come to terms on a plan in which the company will shed 3,000 steel jobs over six years, but will invest EUR800 million in its plants during that time, thyssenkrupp has announced. 

voestalpine Idles Blast Furnace; Closes Global Sites

25 Mar 2020 - voestalpine has closed facilities in Europe, South America and the U.S. and will temporarily reduce hours at other European sites as global economy slows.  

U. S. Steel Idles Ohio, Texas Tube Mills

24 Mar 2020 - United States Steel Corporation has informed workers that will indefinitely idle its seamless tube plant in Lorain, Ohio, as well as its Lone Star tubular operations in Texas, reports The (Elyria, Ohio) Chronicle-Telegram newspaper. 

ArcelorMittal, Gerdau Idling Some North American Assets 

24 Mar 2020 - Some North American producers have announced production curtailments following word that automakers would temporarily halt production lines amidst the spread of the coronavirus.  

February Sees Crude Steel Output Increase

23 Mar 2020 - Global crude steel production rose 3.1% in February 2020 to approximately 143.7 million metric tons, according to the World Steel Association. 

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