SteelMint Events

Tag: COVID-19

  • How South Asian Steel Industries are Coping with the Lockdown Challenge and the Way Forward

    How South Asian Steel Industries are Coping with the Lockdown Challenge and the Way Forward

    Steelmakers in Pakistan, Bangladesh and India faced many challenges over the last 2 months due to COVID-19 lockdown, including having to suspend operations, difficulty in transporting raw materials, managing inventories and lack of demand in market etc. Consequently, the imported scrap trades to South Asia also took a hit, with suppliers too facing challenges in logistics, scrap availability and buyer demand. Let us get insights from the largest steelmakers and scrap importers in these markets on how they coped up with these challenges and their plans ahead, along with the perspective of global suppliers.

    Date & Time:

    June 4, Thursday at 12:30 PM (IST), 3:00 PM (Singapore time), 11:00 AM (Dubai time)

    Panelists:

    • Mr Aameir Alihussain, Managing Director, BSRM, Bangladesh
    • Mr Vaidyanathan R.S,  Director- Commercial, Indicaa Group Ltd, UAE
    • Mr Bharatendu Gupta, Associate Vice President, Jindal Stainless Ltd, India
    • Mr Fahad Javaid, Director, Mughal Iron & Steel Industries Ltd, Pakistan
    • Mr Arshdeep Singh, Director, Vital Solutions Pvt Ltd, Singapore


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    Key Points of Discussion:

    • How did the pandemic impact the Steel Industry
    • Current Steel demand in the market post Lockdown
    • Ongoing production levels after resumption and plans to scale up
    • Scrap bookings (via bulk & containers) in the recent months, and plans for the coming months
    • Impact of temporary UAE export ban on buying trends
    • Near term outlook on scrap demand and price trends
    • Industry outlook (Steel Capacity ramp-ups etc)
  • Coking Coal Concerns Amid Covid-19: BCCL Takes Guard

    Coking Coal Concerns Amid Covid-19: BCCL Takes Guard

    As the ongoing pandemic continues disrupting steel demand, we speak to the CMD of Coal India subsidiary BCCL, the country’s largest coking coal producing company.

    Guest Speaker: Shri P.M. Prasad, Chairman-cum-Managing Director of Bharat Coking Coal Limited (BCCL)

    Join us live as we interview Shri P.M. Prasad, Chairman-cum-Managing Director of Bharat Coking Coal Limited (BCCL) to know his perspective on the forthcoming steel demand outlook in India and its near-term implications on the domestic coking coal sector.

    Date: 16 May 2020 (SAT),
    Timings: at 12:00 PM (IST), 2:30 PM (Singapore time), 10:30 AM (Dubai time)


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    The webinar aims to shed light on the following key points of discussion –

    • Coping with lockdown restrictions & handling of excess stockpiles amid reduced dispatches
    • Action plans to meet annual target despite production cuts undertaken
    • BCCL’s expectations from upcoming spot e-auctions for coal sales
    • Addressing to supply concerns of non-power sector & small-scale hard coke manufacturers
    • Increasing domestic offtake in efforts towards import substitution
    • Enhancing coal quality & commissioning new washery projects
  • How Indian Scrap Recycling Industry is Coping with Covid-19

    How Indian Scrap Recycling Industry is Coping with Covid-19

    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:

    • Present status of operations of Scrap Recycling activities across the country
    • MRAI’s discussions with government authorities for waiver of demurrage, detention charges and other demands
    • Finance related requirements by the industry participants including waiver of late payment interests, additional working capital etc
    • Impact of production cuts and suspension of operation by Indian steel mills and other industries on recycling sector
    • Long standing demand of Indian buyers to waiver import duty on scrap imports, and development on the same.
    • Industry Outlook

    Listen the Podcast to Know all the answers

    – Interview by Akshay Sharma and Shreya Divakaran

  • Indian Flat Steel Market – Outlook

    Indian Flat Steel Market – Outlook

    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

    • Impact of lock-down on Indian steel demand and challenges being faced
    • Effect on steel inventories with mills and stockists
    • Will domestic flat steel prices fall after lock-down eases?
    • Mills exploring export options to clear inventories
    • Is there any scope of steel imports to India?

    Listen the Podcast to Know all the answers
    – Interview by  Shreya Divakaran and Nishtha Mukherjee

     

  • South Asian Ferrous Scrap Market – Outlook

    South Asian Ferrous Scrap Market – Outlook

    Guest speaker – Mr Zain Nathani, Managing Director at Nathani Steels & Vice President of MRAI & Ferrous Board, Bureau of International Recycling (BIR)

    South Asian markets are expected to witness the fastest growth in ferrous scrap imports during this decade. In this podcast by SteelMint Events, Mr Zain Nathani, MD of Nathani Steel, representative of Schnitzer Steel USA to South Asian markets and VP of MRAI & Ferrous Board, Bureau of International Recycling (BIR). shared insights about the trends of ferrous scrap import to South Asia and its growth over the years, how the global ferrous scrap market is responding to the ongoing covid-19 pandemic, as well as the potential of these markets for ferrous scrap import in the coming years.

     

     

    Points of Discussion:

    • Growth of scrap Imports to South Asia over the last decade
    • Expectation of Scrap import volume to South Asia this year
    • Global scrap price outlook in the near term
    • Impact of Covid-19 on shipments of previous orders and future bookings
    • Container vs Bulk scrap import trends in South Asia

    Listen the Podcast to Know all the answers
    – Interview by Akshay Sharma and Shreya Divakaran