India’s Steel Industry and the post-COVID19 World
The ongoing pandemic has affected operations around the globe and the world is witnessing the widespread disruption of power centers in different domains including the steel industry. China, the initial epicenter of the deadly COVID-19 pandemic, has seen a steady decline in the exports of steel. The nation’s steel demand in the next quarters is […]
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 […]
Steel Industries, Pollution and The Solution
As steel industries continue to rise in numbers across the world, the level of pollution in the air is rising steadily. Steelmaking processes produce a lot of greenhouse and taxic gasses, and there is a need for a solution that effectively reduces air pollution levels all the more because of rising global warming. Globally, stainless […]
