SteelMint Events

Tag: COVID-19

How is Indian Steel Demand Panning out Post Lockdown?
Easing lock down measures, lower logistical constraints and demand pick up has boosted sentiments in Indian domestic steel market. India’s finished steel production and apparent steel consumption increased by 16% and 13% respectively in Jun’20 against May’20 signalling optimistic market sentiments. Indian mills have sharply raised steel prices in July. What is the ground reality in terms of domestic demand and what are the challenges that the end user segment is still facing?

Let’s get insights from industry stalwarts on the current demand scenario, prices, exports and the way forward.

Date & Time:

August 7 , Friday at 4:00 PM (IST), 6:30 PM (Singapore time), 2:30 PM (Dubai time)

Panellists :
- Mr Sunil Kakkar, Executive Director-Supply Chain, Maruti Suzuki India Ltd.
- Mr GL Gupta, President-Procurement & Supply Chain, Kalpataru Group of Companies
- Mr Nalin Gupta, Managing Director, J Kumar InfraProjects Ltd.
- Mr Ranjan Dhar, Chief Marketing Officer, ArcelorMittal Nippon Steel India
- Mr Vinay Shroff, EVP-Sales & Marketing, JSW Steel Ltd
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Key Points of Discussion:
- Revival of domestic finished steel demand on easing lockdown measures
- Rural demand pick up
- Auto sector recovering gradually
- National infrastructure project investments – update so far
- Indian steel mills to lower exports on domestic demand recovery?
- Global & domestic price trends
For Sponsorship opportunities contact: Vinamrata Jaisinghani | Mob: +91 6263751163 | Email: [email protected]
August 1, 2020
Post-Lockdown: Perils and Opportunities
With the easing of lockdown, how has the scenario changed for the steel industry in India and overseas? Where are the opportunities and challenges at this juncture? The government has also announced a slew of measures. How will steel benefit from these? How will the recovery trend look like? Will it be longs-driven? We catch up with Tata Steel Limited to get a clearer picture.

Join us live on Thursday, July 16, 4 pm (IST), 6:30 PM (Singapore time), 2:30 PM (Dubai time) as we interview Mr Peeyush Gupta, Vice President (Marketing & Sales), Tata Steel Limited & Chairman, NatSteel Asia & TS Thailand plc, to understand the group’s plans for the future against the pandemic outbreak.

At 18.21 million tonnes, Tata Steel India was the largest domestic crude steel producer in 2019-20. This growth was led by a ramp-up of Tata Steel BSL and acquisition of Usha Martin’s steel business by Tata Steel Long Products last calendar.

Tata Steel India, during FY20, also posted its best-ever annual sales, although Q1FY21 sales and production were lower y-o-y and q-o-q. Tata Steel is currently the world’s second-most geographically-diversified steel producer and one of the few steel operations that are fully integrated – from mining to manufacturing and marketing of finished products.

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Key points of discussion:
- The COVID-19 effect on steel demand & consumption in India
- What kind of recovery is expected in H2 FY21?
- Impact of the auto sector slowdown on steel
- Strategies needed to increase steel consumption in India
July 13, 2020
Status of Indian Iron Ore Mines Post Auctions
Odisha’s iron ore mining industry is undergoing a turnaround. On one side, the auctioned mining leases whose tenure lapsed on 31 Mar’20, have stopped production as per MMDR Amendment Act. While on the other side, despite the Centre extending the validity of all statutory approvals of the mines by two years, they are yet to recommence production as statutory clearances and paperwork got delayed in the wake of COVID-19 outbreak. As an outcome, the state’s iron ore production fell by 56% m-o-m in Apr’20.

The key bidders are hopeful to start mining from Jul’20. Let’s get insights from industry stalwarts on the current scenario, estimated production impact and the way forward.

Date & Time:

July 2, Thursday at 4:00 PM (IST), 6:30 PM (Singapore time), 2:30 PM (Dubai time)

Panellists:
- Dr Umesh Chandra Jena, Joint Director of Mines, Govt. of Odisha, India
- Mr Kapil Mantri, Head- Corporate Strategy & Business Development, JSPL, India
- Advocate Anand Varma, Managing Partner, Apt Legal, India
- Ms Nishtha Mukerjee, Head of Research, SteelMint, India
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Key points of discussion:
- Current scenario of Odisha’s iron ore mining industry
- Operational mines as of now which are active in the merchant market
- Status of MDPA execution and upfront payments
- Effect on the transition of machinery & change of hands
- Impact on production considering the effect of monsoons
- Outlook on the resumption of activities of the auctioned leases
- Will low-grade iron ore fines export volumes get impacted?
June 29, 2020
Outlook of South Asian Shipbreaking Industry
In the global shipbreaking market, South Asia has been referred to as the “World’s Ship Scrapping Yard”, with India, Bangladesh and Pakistan collectively dismantling and processing 73% of the total scrapped vessels dismantled globally in FY 2020 (Apr’19-Mar’20). As the recent turn of events amid ongoing pandemic pulled down scrapped vessel prices to record 5-year low, let us listen from the major ship recyclers from these 3 markets and ship management firm come together to discuss the impact of the pandemic on the industry, demand-supply scenario, labour issues, new policies, shift to green recycling, price scenario and outlook for H2 2020.

Date & Time:

June 25, Thursday at 12:30 PM (IST), 3:00 PM (Singapore time), 11:00 AM (Dubai time)

Panellists:
- Mr Gaurav Mehta, Director, Priya Blue Industries Pvt. Ltd., India
- Mr Arif Dar, Director, Venture Green Recyclers, Pakistan
- Mr Sartaj M Imran, Deputy Managing Director, Simni Ship Recycling Industries, Bangladesh
- Capt Siddharth Derashri, Director, Machtrans Ship Management Pvt. Ltd., India
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Key points of discussion:
- The impact of COVID-19 on shipbreaking in Bangladesh, India and Pakistan
- Steps being taken for coming months, by ship-breakers, as well as authorities
- Issues like labour availability, restrictions in previous months on vessel imports, breaking activities etc
- Demand situation of shipyard scrap in the steel market, and scrap availability
- New policies and recent budget
- Price scenario of fresh vessels booking (containers & tankers)
- Price scenario for shipyard scrap and outlook for H2 2020
June 23, 2020
Unlocking Steel Opportunities Post Covid-19 Lockdown

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.

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June 15, 2020