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[SMM Review] restart production of Jindal stainless steel in India is expected to boost China's metal manganese export.

iconMay 28, 2020 14:18
Source:SMM

SMM5, March 28: according to recent reports, according to the Indian government's decision to restart economic activities in stages, two companies under the Jindal stainless Steel Group of India have successively resumed production suspended due to the new crown virus epidemic. Among them, (JSL) of India Jindal stainless Steel Co., Ltd. resumed the operation of its (Odisha) Jajpur plant in Orissa in stages on May 5th, and (JSHL) of Jindal stainless Steel (Hisar) Co., Ltd. of India also resumed the operation of (Haryana) Hisar plant in Haryana State in stages on May 7th. The two companies will also improve their operations accordingly according to market conditions.

According to SMM, India is one of the main destination countries for China's metal manganese exports. In the second quarter, due to the gradual relief of the epidemic, India gradually resumed the production of steel mills in various regions. It is expected that domestic metal manganese exports may gradually increase. India, as one of the main export destination countries of metal manganese in China, imported 2804 tons of metal manganese in April, a decrease of 61.85% compared with March. If steel mills in various regions of India resume production later, Or will increase the demand for metal manganese.

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