Iranian media IRNA reported that Iran has defined 16 development projects in the steel sector which are aimed to boost the country’s output of steel products by 19 million tonnes in a course of five years.
Dutch newpaper Telegraaf reported that despite announced layoffs, employment at Tata Steel Nederland in IJmuiden will be guaranteed until October 2021.
Indian steel industry has welcomed Indian Government’s decision to promulgate an ordinance to open up coal mining in the country to non coal companies.
For the third quarter ended December 2019, JSPL recorded a growth of 30 per cent in sales at 1.66 million tonnes as against 1.27 million tonnes in the same period last year.