25
May
13:51
JSW eyes exports, reduces project spending
JSW Steel will focus more on export markets in order to improve capacity utilisation while domestic end-use industries take time to resume operations and ramp up production post Covid-19 lockdown, the Indian steelmaker says.
The firm secured government approval to resume production since the first easing of lockdown restrictions from 20 April and is gradually ramping up output (see Kallanish passim).
Besides increasing exports to offset lower domestic demand…
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Anonymous
Very good overview of the weekly steel market.
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