12
May
15:23
JSPL posts records, sees Covid-19 wave threatening recovery
China’s removal of export rebates, strong focus on reducing carbon emissions, and ongoing geopolitical tensions are likely to provide continued support to the current steel upcycle, says Jindal Steel & Power (JSPL). However, the second wave of Covid-19 in India, which is more severe than the first, is threatening recovery.
“While the slowdown in construction activities within the country and diversion of oxygen supply has resulted in lower producti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous