Indian Steel Demand Likely to slip by 14-25% in 2020-21 - Crisil
On a quarterly basis, steel demand would be a washout in the first quarter of this fiscal, given the pan-India lockdown that would hurt construction. |
Pakistan’s International Steel Reports 72% Dip in 9 Month Profit
Pakistan’s International Steels profit plunged 72% to PKR 655.6 million in the nine month period ended March 31, 2020. |
The demand for Indian steel predictable to reduce by 7.7%
ferro-alloys.com:The demand for Indian steel predictable to reduce by 7.7% |
Pakistan’s All Iron Steel Merchants Association call for Tax Relief
Business Recorder reported that Pakistan’s All Iron Steel Merchants Association has called for tax relief measures to safeguard the interests of the business community in the wake of the coronavirus pandemic. |
Inner Mongolia to invest 130 billion yuan in major infrastructure projects
North China's Inner Mongolia autonomous region announced Wednesday it plans to implement 890 major infrastructure projects this year, with an investment of about 130 billion yuan (about $18.41 billion). |
Imports of essentials grow amid epidemic
China's imports of bulk commodities including iron ore, crude oil and coal, as well as essential agricultural products. |
Economic pickup in sight after pandemic shock
China's foreign trade continued to fall in March, but the momentum of decline has greatly eased, indicating that the world's second-largest economy is gradually recovering from the fallout of the COVID-19 pandemic. |
China's infrastructure construction gathers pace as epidemic wanes
Infrastructure construction has gathered pace across China as the government ramped up funding to spur investment in the sector following basic containment of the novel coronavirus outbreak. |
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