Continued supply tightness of ferrous scrap and higher overseas demand for Turkish rebar has limited the immediate-term downside for Turkish imported scrap prices despite a fall in local rebar demand in Turkey this week.

The US produced 7.2 Mt of crude steel in March 2020, a decrease of 6.0% compared to March 2019.

The global steel industry is being impacted as our customers are hit by shutdowns.

The steel industry was affected by the virus in the first quarter of 2020.

Work on four projects along the North-South railway will begin in May and June, according to the Transport Engineering Construction and Quality Management Bureau.

Those products enjoyed high export revenues in 2019.

Indonesia’s manufacturing industry kept positive growth at 10.11 percent in the first quarter of 2020 amid the pressure caused by the COVID-19 pandemic.

Indian state-run steel maker RINL has shut down two blast furnaces at its Visakhapatnam plant.