Indian steel demand headed for a slump; prices, margins to fall
Indian domestic steel demand is likely to see a sharp dive in the first quarter of the coming fiscal due to stalled factories and production cutbacks across major user industries like auto and construction. |
Coronavirus: Steel ministry asks PSUs not to cut production
Coronavirus: Steel ministry asks PSUs not to cut production. |
Vietnamese construction sector struggling because of COVID-19 epidemic
The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector. |
MoIT extends safeguard measures against imported rolled steel, steel wire
The Ministry of Industry and Trade (MoIT) has extended the application of measures to prevent evasion of safeguard duties against imported rolled steel and steel wire until March 21, 2023, according to the ministry’s Trade Remedies Authority of Vietnam. |
German conglomerate Thyssenkrupp to scrap 3,000 steel jobs
German conglomerate Thyssenkrupp to scrap 3,000 steel jobs. |
Demand for metals melts away forcing a rethink on smelting
Metals majors are staring at production cutbacks following the 21-day lockdown in the wake of the Covid-19 outbreak that has sharply shrunk demand. |
JSW Steel to cut down production in the wake of Covid -19 outbreak
JSW Steel, one of the country's largest private steel companies, has decided to scale down/ suspend production at its units in the wake of the global outbreak of novel Coronavirus (COVID-19). |
MIIT: operation of the steel industry in Jan-Feb, 2020
China steel price average index was103.34 in Jan-Feb, down by 3.3% YoY. China steel price index was by February, 28, down by 5.71% YoY. |
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