India city Mumbai economy Government India city Mumbai

Covid impact: Large steel mills return to near normal production levels in May

Reading now: 329
www.livemint.com

MUMBAI : After an unprecedented fall in domestic steel production in April due to one of the most stringent lockdowns in the world, large Indian steel manufacturers revived production to normal through May.

Preliminary production numbers from two large firms, JSW Steel and Jindal Steel and Power (JSPL), and industry estimates for others suggest that average capacity utilisation has improved to nearly 75% level in May, backed by renewed domestic demand.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA