Steel Insights, April 2020

Page 2

Contents 18 Covid-19 to slow down construction execution pace

6  |  COVER STORY

20 Corona to severely impact housing and office sales

Steely Resolve

A deep look at the comprehensive impact of Covid-19 pandemic on the metal industry

27 Imported scrap offers fall 28 Pig iron production down y-o-y, up m-o-m in February 29 February sponge iron production up 10.5% on year 30 February crude steel production up 1.5% y-o-y 31 Iron ore miners cut production, see price drop

24  |  INDUSTRY VIEWS

Fighting Covid-19 with a steely resolve Corporate heads share their thoughts on impact on industry and outlook on revival

32  |  FEATURE

34 Odisha mines operate at reduced rates 36 FY20 ends for Motown on a new low

Graphite electrode makers up for challenging time

38 Seaborne coking coal offers fall in March

With slowing demand, high cost inventory add to Covid woes

39 Government Update 44 Global steel makers cut production, conserve cash 46 Global crude steel output down 7% in Feb on month 47 Corporate Update 50 Import export data 54 Price trends 55 Ferro alloy data 56 Production data 58 Consumption data 59 Import data 60 Export data

4 Steel Insights, April 2020

40  |  EXPERT SPEAK

Hustling to minimize India’s coking coal imports Harendra Kumar and Santanu Rai of NITI Aayog talk about strategy to cut coking coal imports

42  |  INTERNATIONAL

World tumbles into recession Major global organisations predict severe economic troubles from the global economy


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