22
Oct
15:19
thyssenkrupp declares force majeure on low water levels
Drought and dropping water levels on Germany’s waterways have led thyssenkrupp Steel to put a brake on production.
Rhine River push boat traffic that supplies the Duisburg mills with raw materials iron ore, coke and scrap has been discontinued, the company tells Kallanish.
“The supply of raw materials cannot be maintained to the required extent by the remaining means of transport (motor ships, rail),” the firm says. “Production will be…
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Anonymous
Very good overview of the weekly steel market.
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