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. |
US Steel Takes Action in Response to COVID-19 Impacts
United States Steel Corporation announced a series of aggressive and meaningful actions to provide greater certainty on the company’s response to impacts from the coronavirus COVID-19 and the sudden, significant changes in global oil and gas markets. |
SAIL Vision 2030 Outline 49.6 Million Tonne Capacity
Financial Express reported that Steel Authority of India has proposed to expand its capacity to 49.6 million tonnes per annum in its Vision 2030 programme. |
Chongqing Iron & Steel (Group) saw a decrease of 48.22% on profit
Chongqing Iron & Steel (Group) saw a decrease of 48.22% on profit. |
German conglomerate Thyssenkrupp to scrap 3,000 steel jobs
German conglomerate Thyssenkrupp to scrap 3,000 steel jobs. |
Coronavirus: Steel ministry asks PSUs not to cut production
Coronavirus: Steel ministry asks PSUs not to cut production. |
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). |
Vietnamese construction sector struggling because of COVID-19 epidemic
The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector. |
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