SMM5, March 7: in order to prevent and control the epidemic, the government has further extended the blockade, which was scheduled to expire on Sunday, until May 17. During the blockade, India produced 8.04 million tons of crude steel in March, down 20.0 per cent from a year earlier and 15.9 per cent from February, while finished steel production fell 23.7 per cent in March from a year earlier, according to the Joint factories Commission of India. However, steel in India has gradually begun to resume operation:
India's JSW Steel said on Monday that it had resumed operations and was "gradually increasing production capacity". Earlier, JSW closed one blast furnace at its Vijayanagar plant in (Karnataka), Karnataka, on March 25 and reduced productivity to 50 per cent on March 25, reducing productivity by 25-30 per cent from March 26.
Monnet Ispat&Energy 's integrated steel plant in Regal, Chhattisgarh, said it would restart on May 2. Monnet Ispat, with an annual production capacity of 1.2 million to 1.3 million tons, was taken over by Aion Investments II and JSW Steel in August 2018.
Usha Martin (Usha Martin), a maker of steel cables, said it had shut down the plant because of a government order but resumed some operations at its plant in Jakhand Bundesh on April 23rd. The company has a comprehensive production capacity of 250000 tons per year.
Goa Carbon closed its 125000-ton-a-year plant in Paradip, Orissa, on March 23 and is expected to resume operations on Thursday.
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