Steel Insights Magazine - August 2020

In this issue

Steeling back to recovery: Hope for better H2
Pricing power returns but iron ore availability key challenge

Also read:
• Will the eagles dare? Webinar discusses coal block auction
• ArcelorMittal sees signs of recovery
• Vale sees steel recovery in H2 of 2020
• JSW realisation drops 12%
• Moody’s sees 10% drop in demand for top Indian steel makers

Read Steel Insights August 2020 issue and get a complete insight into the Indian steel value chain...!

RESTARTING STEEL Pricing power signals recovery

After the first quarter of disrupted supply chains, sharp drop in demand, uncertainties in logistics and also liquidity constraints, Indian steel industry has regained pricing power.

10+ mins

Autoville gaining momentum in July

Country’s auto sector registered sales of 1,97,523 units in July, just 1% short of July 2019 numbers and steep 69% jump over June’s figures of 1,16,969 units.

5 mins

Railways Freight Handling Rises As Economy Unlocks

Speed doubles in July on year

6 mins

Commercial Coal Mining In India: Will The Eagles Dare?

Introduction of commercial mining couldn’t have been timed better and has generated enough curiosity and also serious interest from investors and analysts’ community across the globe.

10+ mins

Traffic handled by major ports down 20% in Q1

Movement of iron ore through the major ports showed increase of 18.83 percent during Q1 FY21 at 15.441 mt (12.994 mt).

1 min

Indian Railways' iron-ore handling down 22% in Q1

Railways in April-June transported iron ore of 28.30 mt, down 22.33% from 36.44 mt in Q1 FY20. Revenue from transportation of iron ore during Q1 FY21 was ₹2,220.09 crore, down 17.3% from ₹2,684.20 crore earned in Q1 FY20.

1 min

Commodity Risk Key Concern For Aussie Miners: KPMG

Each year, KPMG International researchers survey a sample of global mining executives to uncover what risks are top of mind for them. The results, and KPMG’s analysis of them, form the basis of the firm’s annual Global Mining Risk Survey with Australian mining risk forecast 2020/2021.

6 mins

Tata Steel flags-off ferrous scrap for steel recycling plant

Tata Steel flagged-off the first raw material consignment of ferrous scrap on July 24 for trials at its steel recycling plant being set-up in Rohtak in Haryana.

6 mins

Read all stories from Steel Insights

Steel Insights Magazine Description:

Steel Insights is India's premier and widely read monthly magazine on steel and metallurgical industry published by mjunction services ltd (A JV of Tata Steel and SAIL).It delves into the various facets of the domestic and global steel industry, such as market fundamentals, raw material price trends, price forecasts, upcoming projects, corporate updates and international trade and logistics issues.It also includes an incisive analysis of news on steel and allied industries, as well as expert opinions on relevant topics and interviews of industry stalwarts on a regular basis.

Also includes daily news headlines & daily newsletter on Steel Industry