Czech-based Evraz Vitkovice Steel, a subsidiary of Russian vertically-integrated steelmaking and mining company Evraz, has halted steel production at its Ostrava plant due to weak demand, according to media reports.
Evraz Vitkovice expects the plant to remain closed for the month of April, citing low demand for steel products on the European market and sufficient pre-stocking of the company with semi-finished goods for the production of thick plates. The company stated that resuming operations depends on market conditions.
Source:
http://www.steelorbis.com/steel-news/latest-news/evraz-vitkovice-halts-steel-production-at-ostrava-in-april-751333.htm
