The tête-à-tête with Mr Pradosh Kumar Rath, Chairman-cum-MD of RINL explores the current situation in the domestic steel industry now that the Covid-19 lockdown is being eased in the country and how soon can demand return for mills to tap into those opportunities.
The conversation also revolves around RINL’s takeaways from the pandemic, its future plans in terms of investments, exports, serving the domestic market, and its targets in these challenging times.
Guest Speaker – Mr Ranjan Dhar, Chief Marketing Officer (CMO) AM/NS India. He is a seasoned professional having more than 20 years of experience in the steel industry.
Demand recovery from China and SE Asian markets has pushed up Indian HRC exports recently. Indian HRC export prices have been increasing on the back of active buying interest and aggressive bookings concluded. India’s domestic steel market is less likely to face inventory pressure due to production cuts made last month, increased exports and revival in domestic demand.
Key Highlights:
Listen to the Podcast to know all the answers
– Interview by Nirmalya Deb and Nishtha Mukerjee
Dr. Ciftci is the Head of Strategic Initiatives and Raw Materials Markets Analysis at the World Steel Association. He is currently responsible for leading the Association’s research activities on steelmaking materials markets and projects aiming to deepen the Association’s understanding of the most pressing strategic issues the global steel industry is currently faced with. He has conducted international level economic and market studies on topics that stand at the top of the research agenda for steel and steelmaking materials markets over the last 10 years
The topic of discussion for this tête-à-tête with Dr. Ciftci is the current situation of the global scrap market amid the prevailing lockdown situation across the major markets and the availability of Global Scrap in future. We will also take a close look at how covid-19 pandemic has impacted the overall industry, the tightening of supply and diminishing demand at the same time and an outlook of the scrap market.
Key points of discussion
• Global scrap availability tightening further in the near term
• Major challenges of the US and Europe scrap recycling yards
• When can the impact of Scrap recycling yard shutdowns be expected to overcome?
• Impact of the pandemic on the crude steel output, iron ore & coal supply
• Will low finished steel demand in major import markets balance out the low scrap availability amid COVID-19?
• Long-term outlook on scrap availability?
~Interview by Shreya Divakaran and Akshay Sharma
Indian scrap recycling sector, both non-ferrous and ferrous, have been severely impacted due to the prevailing lockdown in the country. In this podcast by SteelMint Events, Mr Dhawal Shah, MD at Metco Marketing (India) and Vice President (Non Ferrous) of MRAI, shared insights about the impact of covid-19 on the scrap recycling industry in the country, the issues being faced by importers at sea ports and other challenges for the industry, how MRAI is taking up these with the government departments and Ministries, and steps being taken by the relevant authorities.
Points of Discussion:
Listen the Podcast to Know all the answers
– Interview by Akshay Sharma and Shreya Divakaran
Guest Speaker – Mr Nikunj Turakhia, Managing Director at Standard Group & President of Steel Users Federation of India and Hon. General Secretary of Chamber of Associations of Maharashtra Industry & Trade.
Indian steel mills have curtailed output due to pandemic and are exploring export opportunities amid subdued domestic demand and inventories. In this podcast, Mr Turakhia shares his views on the impact of COVID-19 on Indian steel industry in terms of demand, flat steel inventories, export opportunities, scope for imports and a market outlook.
Key Highlights
Listen the Podcast to Know all the answers
– Interview by Shreya Divakaran and Nishtha Mukherjee