Brazil's Usiminas to halt No2 BF at Ipatinga mill for 90-150 days

Brazil's Usiminas is halting its No2 blast furnace at Ipatinga for another 90-150 days after an incident on Friday, the flat steel producer said on Monday September 27.

The 660,000-tonnes-per-year furnace was only restarted in June after nearly 14 months out of action during the Covid-19 pandemic.
Usiminas did not provide any further details of the incident, but confirmed that, depending on the nature of the repairs required, the furnace would be idle for 90-150 days.

Ipatinga, in the southeastern state of Minas Gerais, has a total crude steel capacity of 5 million tpy from three...

Bullish bankers and bearish institutions split on gold forecasts

Gold stocks down on flat metal price and mixed equities

Snowline Gold reports Initial Resource Estimate

Inflation subsiding and rate cuts starting internationally

Inflation rebound continues to reverse