12,956.72 TRY BIST 100 BIST 100
44.19 USD USD USD
6.44 CNY CNY CNY
50.84 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.39 TRY Interest Interest
103.02 USD Fossil Oil Fossil Oil
5.81 USD Copper Copper
116.31 USD Silver Silver
108.03 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,154.97 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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

Dillinger’s Power4Steel Project awarded in Europe

Tuesday, March 17, 2026

Czech steel industry struggles to escape ongoing deep crisis

Tuesday, March 17, 2026

Baku Steel Company increased its exports to the US and Europe in 2025

Tuesday, March 17, 2026

IEEFA: The high-quality iron ore market is growing rapidly globally with DR technology

Tuesday, March 17, 2026

UK is preparing to raise tariffs to 50% in the steel sector

Tuesday, March 17, 2026
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