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[Ferro-Alloys.com] The administration said it will supervise resumption of energy production as part of the effort to control and prevent further spread of the new strain of the coronavirus.

In a difficult economic environment, thyssenkrupp’s sales were virtually stable at EUR 9.7 billion in the first three months of the current fiscal year 2019/2020. While the capital goods businesses achieved in some cases double-digit growth rates, the materials businesses were clearly impacted by price and volume losses.

Brazilian integrated steelmaker Usiminas saw finished steel shipments fall to 4.10 million mt in 2019, down 2% down from 2018, the company said Friday.

Total finished steel production fell 4% to 4.06 million mt while crude steel output increased 6% to 3.26 million, said company in its latest earnings report.

JFE Steel announced its decision to idle part of its steel plate manufacturing operations in Japan on account of falling steel demand and faltering global economic growth situation. Some of the production lines at its East Japan Works' Keihin area facilities in Kawasaki, Kanagawa Prefecture will be idled by the end of March this year. In addition, works at some facilities in the Chiba area will come to a halt by March 2023. All the 360 affected workers affected by the closure will be relocated to other position.

Click here for more information: Ferrosilicon Daily Express 2.18

• [Editor:kangmingfei]