Polish steelmaker Cognor warns of risk to operations from coronavirus

摘要

Polish steel billet, bar and rebar producer Cognor warned Wednesday that the fallout from the coronavirus pandemic such as greater sickness rates, customers shutting down or going bankrupt, problems with supplies or administrative measures might mean it having to reduce or halt operations. In 2020, Cognor expects demand in all segments of the steel market to fall, with rebar hit the least. The steelmaker is even forecasting a temporary rise in steel demand from the Polish construction sector in the second quarter.