25
May
17:13
Labour issues hit Mid-East construction activity: JSPL
Jindal Steel & Power (JSPL) says the non-availability of migrant labour as a result of the Covid-19 pandemic has hastened the lower-oil-price-driven decline in Middle Eastern construction activity.
The firm’s Oman-based Jindal Shadeed steelworks reported 106,000 tonnes of steel production and 120,000t of sales in April (see Kallanish passim). In the fiscal year through March 2020 (FY20) sales rose 4% on-year to 1.88 million tonnes and output by 9% to 1.8…
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Anonymous
Very good overview of the weekly steel market.
Anonymous