25
Sep
11:19
Indian steel consumption gradually recovers
Indian finished steel consumption in the first five months of India’s fiscal year through March 2021 slumped -38% on-year to 26.41 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 expor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous