Coronavirus: Steel ministry asks PSUs not to cut production.

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).

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.

European Union leaders have told the bloc's finance ministers to draw up new measures to tackle the economic impact of COVID-19.

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