What’s ahead for Steel Trading Industry?
Introduction India was the world’s second-largest steel producer@ with production standing at 106.5 MT in 2018. The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s manufacturing output. India’s steel production […]
COVID-19 and Its Implications
As COVID-19 spreads across the world affecting more than 200,000 people and around 8000+ deaths reported, business organizations and economies are being affected in an unprecedented manner.With China adversely affected, which produces over half the world’s steel, steel prices have plummeted to a record low Decrease in buyers opting to buy steel has brought down […]
