In this issue

Steely resolve: Needed to break Covid lock
A deep look at the comprehensive impact of Covid-19 pandemic on the metal industry.

Also read:
• Industry views on Covid impact on domestic steel and allied industries
• Graphite electrode makers up for challenging time
• World tumbles into recession
• Hustling to minimize India’s coking coal imports
• Corona to severely impact housing and office sales

Read Steel Insights April 2020 issue and get a complete insight into the Indian steel value chain...!

Corona to severely impact housing and office sales

“Given the high chance of USA economy suffering due to Covid-19 impact, its negative effect will be felt in India with a drop in office space leasing” Anarock Research

5 mins

Fighting Covid-19 With A Steely Resolve: Industry Views

The pandemic is without precedence. While all previous epidemics were confined to some specific geographies, Covid-19 has affected the whole of the world all at once. We have gathered here some leading industry voices and asked them some very pertinent questions answers to which our readers would be eager to know. The consensus is that by beginning of 2021, steel industry would be back on its feet with economy, supply chain and spending normalising.

7 mins

Iron ore miners cut production, see price drop

Global miners like Rio Tinto, Vale and BHP are resorting to production curtailment across their sites yet they see iron ore prices getting adversely impacted as steel makers have also initiated shutdowns.

3 mins

Graphite electrode makers up for challenging time

With slowing demand, high cost inventory add to Covid woes

4 mins

FY20 ends for Motown on a new low

It has been a bad year for the country’s auto sector, as all throughout 2019-20 (FY20) the sector had to withstand several storms like liquidity crunch, dealer points shutting down and poor consumer sentiment, which weakened demand.

4 mins

Hustling to minimize India's coking coal imports

Coking coal when heated in the absence of air in coke oven batteries produces metallurgical coke, which quenches the endothermic thirst of gigantic blast furnaces that produce hot metal, which is further preferentially oxidized and refined in Basic Oxygen Furnaces (BOF) to produce liquid steel, which then goes through several secondary metallurgy operations, and finally cast and rolled into products of desired shape and size.

3 mins

World tumbles into recession

All major global institutions studying economic outlook in the wake of the pandemic have predicted a global economic recession which have already been initiated with the locking down of about a quarter of the globe.

5 mins

Global steel makers cut production, conserve cash

Sees severe lockdown impact

5 mins

Read all stories from Steel Insights

Steel Insights Magazine Description:

Steel Insights is India's premier and widely read monthly magazine on steel and metallurgical industry published by mjunction services ltd (A JV of Tata Steel and SAIL).It delves into the various facets of the domestic and global steel industry, such as market fundamentals, raw material price trends, price forecasts, upcoming projects, corporate updates and international trade and logistics issues.It also includes an incisive analysis of news on steel and allied industries, as well as expert opinions on relevant topics and interviews of industry stalwarts on a regular basis.

Also includes daily news headlines & daily newsletter on Steel Industry