• Steel giants Tata and Thyssenkrupp shut down majority of plants
• Automobile industry consumes 1/5 of total steel consumption
As an impact of shutdown of car plants, the European steelmakers have ceased production. Due to global coronavirus outbreak, the steel mills from Italy, Spain, Germany, Netherlands and Poland are severely affected.
Giants like Tata Steel and Thys....
Tags : European steel, coronavirus pandemic, automobiles industry, Tata Steel, Thyssenkrup, ArcelorMittal,