The Indian iron and A573Gr.65 plate export Steel Association (ISA) lowered its steel demand forecast for 2020 to 5.1% from 5.1% in February this year. The figure is expected to hit a low of 7.7%. The company said in an official statement that the current
The Indian iron and A573Gr.65 plate export Steel Association (ISA) lowered its steel demand forecast for 2020 to 5.1% from 5.1% in February this year. The figure is expected to hit a low of 7.7%. The company said in an official statement that the current share price has fallen sharply due to the huge downside risk. "We expect India's finished steel demand to fall to about 93.7 million tons by 2020, down from 101.5 million tons in 2019." This calendar year, the A573Gr.65 plate export decline was 7.7%, about 8 million tons. " Isa said.
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In these countries, the impact of the epidemic in South Korea is relatively serious, and in other countries, the current epidemic control is more appropriate. However, it is understood recently that the epidemic control in South Korea has begun to show a positive trend, and the impact of the epidemic will gradually slow down in the future. Therefore, as far as the direct export of A573Gr.65 plate export and so on steel is concerned, the overall impact is relatively limited.
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