Changes in the Indian Steel Industry Post – Covid -19 Outbreaks and Lockdown
Since the first steel manufacturing was initiated in India at TISCO in 1907, India has covered a long distance very successfully. Eventually, it has become the second-largest crude steel producer globally with a production of 111 million tonnes. But the pandemic has hit every industry very hard and steel is no different. But post lockdown the Indian steel market is displaying signs of reclamation. But 12mm TMT bar price suggests that the domestic demand for steel could continue to be subdued until the October-December quarter but exports have increased considerably. Sudden alterations in the Indian Steel industry post-Covid -19 outbreak …