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The new corona epidemic forced India to shift steel exports to China

2020-05-11   

The spread and blockade of the new crown forced Indian steel producers to start shipping steel to China, the world's largest steel producer.

 

After India began its blockade, the output of Indian steel companies to the domestic market was almost zero. But India has a lot of orders from China, South Korea, Japan, the Middle East and Europe. It is reported that the capacity utilization rate of JSW steel in April was 38%, and most of its products were exported.


last：South Korea POSCO reduces crude steel output and revenue index of this year

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