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Domestic steel output to take hit as plants divert oxygen for medical use


While the domestic steel demand is expected to take some hit due to the ongoing second Covid-19 wave, production of the commodity is also expected to align itself to the consumption pattern as players divert oxygen from its plants to meet the urgent medical requirement of various states.
“Steel production is bound get impacted since the oxygen used in the making of steel is getting diverted for medical usage but life cannot have less priority with rest to production,” said a source with AM/NS India on condition of anonymity.
AM/NS India is supplying about 200 tonne of oxygen daily for medical usage for covid patients. ....

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Covid-19 pushed steel exports to record high in FY21: SteelMint data


Steel exports touched a record high in FY21, saving the day for companies, as domestic consumption dragged due to Covid-related disruptions in the first half of the year.
Data compiled by Joint Plant Committee (JPC) shows that finished steel exports between April-March 2020-2021 (provisional) stood at 10.785 million tonnes, an increase of 29.1 per cent; exports of semi-finished steel during the period were at 6.6 million tonnes, an increase of 133 per cent.
JPC officials said that the data showed that this was an all-time high. The previous high was in 2017-18 at 11.614 million tonnes.
SteelMint data pegged finished steel exports in FY21 at 11.65 million tonnes and semi-finished at 7.25 million tonnes, an increase of 31 per cent and 153 per cent over the previous year. SteelMint said that exports in FY21 was an all-time high. ....

Jayant Acharya , Sushim Banerjee , Institute For Steel Development Growth , Plant Committee , Joint Plant Committee , Steel Development , Corona Virus , Steel Exports , Coronavirus Vaccine , Jsw Steel , ஜெயந்த் ஆசார்யா , நிறுவனம் க்கு எஃகு வளர்ச்சி வளர்ச்சி , ஆலை குழு , கூட்டு ஆலை குழு , எஃகு வளர்ச்சி , கொரோனா வைரஸ் , எஃகு ஏற்றுமதிகள் , ஜுசுவ் எஃகு ,