Global insight
Operations in 21 Iron Ore Mines in Odisha Auction to get Delayed over Coronavirus Fears
Business Standard reported that the outbreak of the deadly Covid-19 pandemic has queered the pitch for seamless continuity in operations of 21 iron ore, manganese and chromite mines in Odisha. |
Indian steel demand headed for a slump; prices, margins to fall
Indian domestic steel demand is likely to see a sharp dive in the first quarter of the coming fiscal due to stalled factories and production cutbacks across major user industries like auto and construction. |
US Steel Takes Action in Response to COVID-19 Impacts
United States Steel Corporation announced a series of aggressive and meaningful actions to provide greater certainty on the company’s response to impacts from the coronavirus COVID-19 and the sudden, significant changes in global oil and gas markets. |
Vietnamese construction sector struggling because of COVID-19 epidemic
The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector. |
German conglomerate Thyssenkrupp to scrap 3,000 steel jobs
German conglomerate Thyssenkrupp to scrap 3,000 steel jobs. |
Coronavirus: Steel ministry asks PSUs not to cut production
Coronavirus: Steel ministry asks PSUs not to cut production. |
JSW Steel to cut down production in the wake of Covid -19 outbreak
JSW Steel, one of the country's largest private steel companies, has decided to scale down/ suspend production at its units in the wake of the global outbreak of novel Coronavirus (COVID-19). |
Demand for metals melts away forcing a rethink on smelting
Metals majors are staring at production cutbacks following the 21-day lockdown in the wake of the Covid-19 outbreak that has sharply shrunk demand. |
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