On a quarterly basis, steel demand would be a washout in the first quarter of this fiscal, given the pan-India lockdown that would hurt construction.

Keetac can produce about 6 million net st of iron ore pellets each year.

ferro-alloys.com:The demand for Indian steel predictable to reduce by 7.7%

Business Recorder reported that Pakistan’s All Iron Steel Merchants Association has called for tax relief measures to safeguard the interests of the business community in the wake of the coronavirus pandemic.

China's foreign trade continued to fall in March, but the momentum of decline has greatly eased, indicating that the world's second-largest economy is gradually recovering from the fallout of the COVID-19 pandemic.

China's imports of bulk commodities including iron ore, crude oil and coal, as well as essential agricultural products.

North China's Inner Mongolia autonomous region announced Wednesday it plans to implement 890 major infrastructure projects this year, with an investment of about 130 billion yuan (about $18.41 billion).

Infrastructure construction has gathered pace across China as the government ramped up funding to spur investment in the sector following basic containment of the novel coronavirus outbreak.