9,350.01 TRY BIST 100 BIST 100
39.39 USD USD USD
5.52 CNY CNY CNY
45.60 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
44.10 TRY Interest Interest
73.88 USD Fossil Oil Fossil Oil
46.12 USD Silver Silver
4.81 USD Copper Copper
94.27 USD Iron Ore Iron Ore
328.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,296.29 TRY Gold (gr) Gold (gr)

Tata Steel declares force majeure on IJmuiden

Tata Steel Netherlands has declared force majeure due to difficulties in the modernization of its cold-rolled plant.

Tata Steel declares force majeure on IJmuiden

The company has been upgrading the cold rolled factory 21 since August to improve the surface quality and gauge control, but it seems that some problems have prolonged the outage.

Tata said IJmuiden had put undue pressure on its supply chain and had failed to fully meet its delivery obligations. Force majeure also affected cold-rolled coil and some hot-dip galvanized.

Sources said the announcement could help support prices as Turkey's demand for roller products increases, given the reconstruction drive after the recent earthquakes.

"The company deeply regrets the impact this situation has had on customers and will continue to explore all options to minimise disruption to customers' operations," Tata said.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Political risks in Middle East steel market create upward pressure on prices

Tuesday, June 17, 2025

Türkiye's billet imports decreased by 2.6% in April

Tuesday, June 17, 2025

Godo Steel modernizes its mill with Danieli

Tuesday, June 17, 2025

Emsteel receives high sustainability rating from MSCI

Tuesday, June 17, 2025

British Steel signs GBP 500 million rail deal

Tuesday, June 17, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now