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.

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