04
Jan
14:31
Indian finished steel consumption slump eases
Indian finished steel consumption slumped -25% on-year in April-October, or first seven months of India’s 2020/21 fiscal year, to 44.76 million tonnes, according to Joint Plant Committee (JPC) data.
India implemented a strict nationwide lockdown at the end of March to combat the fast-spreading Covid-19 outbreak. This brought the domestic market to a standstill in April and May. In order to continue operating, Indian steelmakers turned their attention to the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous