Steel mills restarting 34% of blast furnace capacity idled in COVID-19 curbs: UBS

摘要

London—Around 22 blast furnaces are currently being restarted by steelmakers around the world, as steel demand picks up and also for operational reasons, analysts from UBS said in a Sept. 8 report. The restarts represent around 34% of the total blast furnace capacity that was hot-idled or temporarily halted due to COVID-19, and the rest can be expected to restart by year-end, according to the report.