Ferrosilicon output in Ordos City in Jan-Mar.

Ferroalloy output in Ordos City in Jan-Mar.

The Indian Steel Association (ISA) has revised downward India’s steel demand growth forecast for 2020 from 5.1% as per growth predictions made in February this year.

Import permit tonnage for finished steel in April was 1,317,000, down 13.0% from the final imports total of 1,514,000 in March.

Tata Steel Ltd has withdrawn its membership from the Indian Steel Association (ISA), an apex steel industry body.

Private steel player Jindal Steel and Power Ltd (JSPL) has said its consolidated crude steel production remained flat at 6.5 lakh tonne (LT) during April 2020.

Private steel player Jindal Steel and Power Ltd (JSPL) has said its consolidated crude steel production remained flat at 6.5 lakh tonne (LT) during April 2020.

This growth was led by a ramp up of Tata Steel BSL and acquisition of Usha Martin steel business by Tata Steel Long Products in April 2019.