19
Jul
19:07
Force majeure after Ruhr floods mainly concerns transportation
In the wake of the flooding caused by heavy rains in Germany, several companies have decided to declare force majeure, among them thyssenkrupp Steel.
The status was declared because supply chains are disrupted to an extent that scheduled delivery cannot be guaranteed until further notice. Notably, the actual production facilities were harmed only to a minor extent, Kallanish learns from thyssenkrupp.
"The flood disaster in Germany has so far had only a very …
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Anonymous
Very good overview of the weekly steel market.
Anonymous