COVID-19's Influence to Global Steel Mills' Outputs- TJC STEEL.

Foreign COVID-19 epidemic situation is increasingly severe, due to the impact of the epidemic, the global steel mills to scale down production, and some foreign steel enterprises have taken measures to stop production and reduce production.(for more information, see "attention! Foreign steel enterprises will suspend some production activities due to the outbreak")[TJC STEEL]
 
Brazilian Steel Mills Are Shutting Down Their Blast Furnaces:
On April 3rd Gerdau announced plans to cut production.It said it was closing a 1.5m tonne blast furnace and the remaining operating one could produce 3m tonnes a year.Geldau suspended operations at the Charqueadas furnace plant for 15 days.
Usinas Siderurgicas DE Minas Gerais, a steelmaker, said it would close two more blast furnaces and keep only one open, bringing the total to four.Currently, Usiminas steel has an annual capacity of about 2.35 million tons.
ArcelorMittal is to close its no. 3 blast furnace at its Tubarao steel plant in espirito santo, Brazil.It is reported that no. 3 blast furnace can produce 2.8 million[TJC STEEL] tons of crude steel annually.The company said it was uncertain how long the furnaces would be shut down and would make adjustments depending on market conditions.
 
Thyssenkrupp Will Reduce Steel Production:
Thyssenkrupp, the largest steel producer in Germany, said on Tuesday that it was cutting steel production due to the outbreak of novel coronavirus.
A thyssenkrupp Europe steel spokesman said in an email: "we are adjusting the production line due to the current economic impact of COVID 19.These include the operation of blast furnaces and steel processing."
The company also said further production cuts were possible, but did not give an exact figure.The working hours of production and management personnel will be reduced and the process is expected to begin in mid-april and continue through early may.[TJC STEEL]
 
 
Japan Railway Shut Down 8.1 Million Tons Of Capacity:
Nippon steel said on Tuesday it would idle two blast furnaces in the eastern and western parts of Japan in response to a drop in demand for steel for cars and buildings during the coronavirus pandemic.
The no. 1 blast furnace at the kajima plant in ibaraki prefecture will be shut down in mid-april, and the no. 1 blast furnace at the wakayama plant in wakayama prefecture will be shut down later that month, the company said.The combined capacity of the two furnaces is 15 per cent of the company's total capacity of 54m tonnes of crude steel, or 8.1m tonnes.
The company also said that starting this month, its staff will work in locations such as its headquarters and domestic steel plants[TJC STEEL], totaling about 30,000 employees, and will take two more days off each month.
Nippon steel announced in February that it would shut down its steel plant and some of its blast furnaces in takeshi, in Hiroshima prefecture in western Japan.
 
Europe's Viohalco Suspended Its Steel Business:
According to foreign media reports, on March 30, Viohalco SA announced that Sidenor SA, Sovel SA, Erlikon SA, Praksys SA and Etil SA, its subsidiaries in the Greek steel business, will suspend operations for one month from April 2 to May 3, while its administrative staff will work flexibly.During the above period, the commercial [TJC STEEL]activities and delivery of raw materials of these subsidiaries will not be affected.
The decision was made due to continued weak demand in the international steel market and a sharp deterioration in the company's situation due to the current COVID 19 outbreak.
Viohalco SA (VIO), a Belgian holding company, is one of Europe's leading metalworking companies with subsidiaries in several European countries and annual revenues of €4.19 billion ($4.6 billion) in 2019.
 
India's Sail Will Suspend Operations At Its Bhilai Steel Plant:
According to foreign media reports, due to the outbreak of COVID - 19, steel authority of India (SAIL) Bhilai steel plant has temporarily suspended production on March 28.For this reason, the production of railway steel has come to a standstill.
Anirban Das Gupta, chief executive of Bhilai steel, said management had decided to retain some staff to keep key parts of the company running [TJC STEEL]and to encourage others to now work from home.He also said no. 1 and no. 8 blast furnaces, general rail rolling mills, sms-2, sms-3 and most coking equipment would continue to operate.
A blast furnace in Visakhapatnam has been shut down in RINL, India
Indian state-run steelmaker RINL shut down a blast furnace at its Visakhapatnam steel plant on March 29 as a result of the outbreak, foreign media reported.
RINL has an annual production capacity of more than 7.5 million tons and three blast furnaces produce about 180,000 tons of molten iron per day. After the closure of one blast furnace, the daily output will be reduced to 120,000 tons.
It is reported that the steel mill can only use raw materials to maintain the operation of two blast furnaces, if the outbreak continues, will not be able to maintain normal operations.In addition, 50 per cent of the company's workforce works from home and steel operations have been restricted.
 
Us Steel Will Idle The No. 4 Blast Furnace At The Gary Steel Plant Indefinitely:
U.s.steel corp. decided to idle its no. 4 blast furnace at Gary Works for 48 days in April in response to the global outbreak.
The company also idled blast furnace A at its Granite City Works plant and indefinitely idled steelmaking equipment at its Great Lakes Works plant.[TJC STEEL]
The company also decided to idle its Lone Star Tubular Operations in Texas and Lorain Tubular Operations in Ohio at the end of may, laying off 850 workers.
U.S. steel plans to cut capital spending by $125 million in 2020, and $750 million after that, and to delay equipment construction at Mon Valley and halt upgrades to the hot strip strip at the Gary plant.[TJC STEEL]
 
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