23
Jul
15:04
Strict lockdown halts Bangladesh steel production, shipbreaking exempted
The government of Bangladesh has ordered the halt of steel production as part of the nationwide Covid-19 lockdown after the Eid Al-Adha festival. Road and sea logistics and port operations have been exempted from this order, says a circular issued by the cabinet division.
The backbone of the nation's steel industry; the Chittagong shipbreaking yard, is also exempted from the lockdown. The nation beached 144 ships to generate 18.43 million light displacement to…
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Anonymous
Very good overview of the weekly steel market.
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