SteelMint Events

Author: SteelMintEvents

  • Bangladesh: Bulk scrap bookings hit record high in March on container shortage

    Bangladesh: Bulk scrap bookings hit record high in March on container shortage

    Bangladesh – is one of the world’s fastest growing economies and one of Asia’s most emerging markets in terms of ferrous scrap imports. With annual scrap imports of nearly 3.7 MnT made last year, Bangladesh based steel mills continue to increase scrap bookings. Bulk scrap bookings in Mar’20 hit record high.

     

    Ms Nishtha Mukerjee, Head of Research and Mr Akshay Sharma Analyst, Global Ferrous scrap at SteelMint highlight the scenario of Bangladesh bulk scrap bookings, price trends, present challenges and an outlook

     

     

  • How the Indian ferro alloys industry is surviving the COVID-19 scare

    How the Indian ferro alloys industry is surviving the COVID-19 scare

    Mr Manish Sarda, Director of International Business, Sarda Minerals & Energy and Chairman, IFAPA, will dwell on prevailing market uncertainty and the strategies to be adopted to tide over the crisis.

    Join us on Saturday, 11th of April, 11:30 a.m.(IST), to gain a holistic perspective on how the Indian ferro alloys industry is surviving the COVID-19 scare.

     


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    Points of Discussion:

    • Disruption in domestic ferro alloys production and present capacity utilization
    • Plummeting demand from the steel industry after countrywide shutdown
    • Impact on manganese ore supply and prices after lock-down in South Africa and Australia
    • Recuperating Chinese market and impact on Indian ferro alloys exports
    • How the supply glut and evaporating demand impact prices in short term
  • Coronavirus Pandemic: How Indian Induction Furnace-Based Steel and Iron Producers are Dealing With the Global Health Disaster

    Coronavirus Pandemic: How Indian Induction Furnace-Based Steel and Iron Producers are Dealing With the Global Health Disaster

    Small and medium-sized enterprises form a sizable chunk of India’s total steel production of 110 million tonnes. So when these companies numbering in thousands across the country face the brunt of the Coronavirus pandemic, clouds of concern gets cast over India’s economic growth.

    One such producer, Mr. Ramesh Agrawal, President – Chhattisgarh Sponge Iron Manufacturers Association & Chairman of GR Group of Industries, speaks about the state of the industry and spells out what it would take for it to get back on its feet.

     

      

     

    Points of Discussion:

    •  Impact of lockdown on SME sector
    •  Scope of a quick bounce back
    •  Inventory levels
    •  Possibility of exports
    •  Electricity and other costs

    Listen the Podcast to Know all the answers
    -Interview by Ruchira Singh

  • Chinese steel industry comeback from COVID-19, what next?

    Chinese steel industry comeback from COVID-19, what next?

    Ms Hongmei Li, Head of Editorial for Mysteel Global sheds light on the challenges faced by China’s Steel Market amidst COVID-19 and how the economy can make up for the lost time in 2020 and beyond.

     

    1. China’s macro-economic environment and its challenges.

    2. China’s steel mills status quo regarding domestic operations and demand (capacity utilization, stocks, downstream demand)

    3.Challenges facing in the weeks to come (demand from downstream users such as auto, machinery and home appliances that may lead to less steel consumption, raw material supplies in the middle of lockdowns in many countries that are primary supply sources)

    4. China’s iron ore consumption model, and what are the alternatives (domestic iron ore, existing iron ore inventories, Vale’s moving blending to China from Malaysia and their feedstocks optimization via scrap ratio)

  • Coronavirus Pandemic: How JSPL is Handling its Plant and Production

    Coronavirus Pandemic: How JSPL is Handling its Plant and Production

    CORONA VIRUS PANDEMIC: Take a look at how JSPL is managing its people, plant and business in the backdrop of the global health disaster

    Mr V.R. Sharma, managing director of JSPL allays fears over the Corona virus outbreak and spells out the best ways to manage manpower so that the blast furnace keeps functioning and the networks of buyers well-supplied.

    In the last several years Indian steel makers have been tapping the export markets aggressively to have a balanced portfolio of sales to domestic and overseas markets and according to Mr Sharma, this tactic is playing out to an advantage at this point.

     

      

     

    Points of Discussion:

    • What is the state of the blast furnace?
    • Are exports taking place?
    • At what price are pellets, billets and pig iron being sold?
    • How strong is the inquiry from China?
    • How are banks receiving LCs and how is the allied paperwork being done for exports?
    • What is your outlook for demand?

    Listen the Podcast to Know all the answers
    -Interview by Ruchira Singh