India's steel demand falls 91% in Apr
Views : 499
Update time : 2020-05-20 09:33:12
India's steel demand fell 91% in the first quarter from a year earlier, according to the latest data released by the Joint Plan Committee.
This was because of the downstream demand for cars, real estate, and infrastructure have all stalled because of the epidemic. India's total steel output fell 69.5% year on year in April, with crude steel production at just 2.8 million tons, the biggest drop on record, JPC data showed.
