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.

Wednesday, April 1, 2020

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.

Wednesday, April 1, 2020

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.

Wednesday, April 1, 2020

Chongqing Iron & Steel (Group) saw a decrease of 48.22% on profit

Chongqing Iron & Steel (Group) saw a decrease of 48.22% on profit.

Wednesday, April 1, 2020

German conglomerate Thyssenkrupp to scrap 3,000 steel jobs

German conglomerate Thyssenkrupp to scrap 3,000 steel jobs.

Tuesday, March 31, 2020

Coronavirus: Steel ministry asks PSUs not to cut production

Coronavirus: Steel ministry asks PSUs not to cut production.

Tuesday, March 31, 2020

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).

Tuesday, March 31, 2020

Vietnamese construction sector struggling because of COVID-19 epidemic

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.

Tuesday, March 31, 2020
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