Evraz Suspends Vanadium Operation in South Africa

Reuters reported that Russian steelmaker, Evraz, will not be able to ensure a stable supply of steel and vanadium following a suspension of operations in South Africa due to a strike.

As quoted in the market news:

Evraz said that it could not guarantee sustainability of supplies from its Highveld Steel and Vanadium mills after a strike on Monday.

The company said in a statement:

Evraz is making every effort to meet its obligations to its suppliers and partners, but under the circumstances cannot fully guarantee the stability and continuity of Evraz Highveld’s product supplies.

Click here to read the full report. 

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