In its letter, the Indian Steel Association talked about issues related to price of raw materials, shortage in global steel supply and lower capacity due to Covid.
India’s total iron and steel exports in the first five months of this fiscal to China were more than three times the figure in the entire financial year 2019-20.
Brazil surpassed the US in new coronavirus cases last week, and the disease is now spreading in northern states such as Para, which accounts for 8% of global iron ore supply.
India's iron ore production will take a big hit as delays in auctions of mining leases, due to expire in March, threaten to push the domestic market to a deficit from a surplus.
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
COMMENTS