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30 Oct
09:03

Usiminas delays blast furnace restart, evaluates market demand

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais is still evaluating market conditions for the potential restart of blast furnace No.2 at the Ipatinga plant. The equipment, which has an annual production capacity of 600,000 tonnes of pig iron, was shut down on 4 April as a result of the sharp drop in steel demand during the Covid-19 crisis. “The scenario for the steel sector in the country in the coming months is still uncertain and will depe…
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