Luxemburg - Credit Facility represents a new commitment from BNP Paribas, Crédit Agricole Corporate & investment Bank, J.P. Morgan and Société Générale.

Frankfurt - World Bureau of Metal Statistics (WBMS) reports high supply surpluses for many metal markets.

Cherepovets - Group revenue declined by 12.5% y/y to $1,777 million (Q1 2019: $2,031 million) in Q1 2020.

Magnitogorsk - Magnitogorsk Iron and Steel Works (MMK) has approved environmental goals for 2020.

Chiyoda - Responding to the immediate sharp drop in demand for steel products, the company has implemented several measures.

Brussels - Linked to the local shut down intensity, EUROMETAL members recorded 20 % to 60 % drop.

Brussels – World crude steel production for the 64 countries reporting to worldsteel was 147.1 million tonnes in March 2020, a 6.0% decrease compared to March 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates from national and regional associations.

Castellanza - Role of Tenova CEO has been assigned to Roberto Pancaldi, previously CEO of the Metals Division.

Nuremberg - Starting April, 2020 Steffen Horn is new Managing Director for Baumüller China.

Düsseldorf – The Metallurgy Russia and Litmash Russia trade fairs will be postponed to next year. The two metal trade fairs have been organised by Metal Expo/Russia in cooperation with Messe Düsseldorf and its Russian subsidiary Messe Düsseldorf Moscow.]

Frankfurt/Nurnberg – Due to the increasing spread of Covid-19 in Europe and the associated ban on all major German events up to, and including the end of August, the PCIM Europe exhibition and conference 2020 in Nuremberg has been cancelled.