Page 20 - Steel Tech India eMagazine Volume October 2020

81. Ŗ 01 Ŗ 1EVQDGT

6JG (KIWTG CU IKXGP DGNQY KNNWUVTCVGU C UKORNG ſPCNN[ UQNF CPF FGNKXGTGF VQ VJG GPF EWUVQOGT
UWRRN[ EJCKP GEQU[UVGO +P QTFGT VQ HWTVJGT UKORN[ 9GŏXG CNUQ UGGP VJG XWNPGTCDKNKVKGU KP VJG UWRRN[ EJCKP
QWT WPFGTUVCPFKPI JGTG YG YQWNF WUG UWRRN[ EJCKP NQIKUVKEU FWTKPI VJKU RCPFGOKE +V KU TGCNN[ WPRTGEGFGPVGF
NQIKUVKEU CU QPG VGTOKPQNQI[ CNVJQWIJ DQVJ CTG ENGCTN[ UKPEG KV JCU KORCEVGF DQVJ VJG UWRRN[ UKFG CU YGNN CU
CPF FKUVKPEVKXGN[ FKHHGTGPV YJGTG NQIKUVKEU ECVGTU VQ VJG VJG FGOCPF UKFG QH VJG GEQPQO[ 6Q DG OQTG URGEKſE
RJ[UKECN OQXGOGPVU K G VTCPURQTVCVKQP QH IQQFU CPF CDQWV NQIKUVKEU KV JCU KORCEVGF VJG YCTGJQWUKPI CPF
UGTXKEGU VQ VJG GPF EWUVQOGTU
KPXGPVQT[ OCPCIGOGPV KP VGTOU QH FGOCPF XCTKCDKNKV[
6JG OCLQT GNGOGPVU QH VJG CDQXG UWRRN[ EJCKP NQIKUVKEU VTCPURQTVCVKQP DQVVNGPGEMU KP VGTOU QH FTKXGTUŏ CPF VTWEM
CTG DCUKECNN[ UWRRN[ K G TCY OCVGTKCN RTQEWTGOGPV CXCKNCDKNKV[ CPF UWRRN[ UKFG DQVVNGPGEMU QH RTQFWEV
OCPWHCEVWTKPI CPF VJG NQIKUVKEU KP VGTOU QH YCTGJQWUKPI CXCKNCDKNKV[ KP VGTOU QH TGFWEGF QT ENQUKPI FQYP QH
HTGKIJV HQTYCTFKPI CPF FGNKXGT[ VQ GPF EWUVQOGTU OCPWHCEVWTKPI QRGTCVKQP FWG VQ UQEKCN FKUVCPEKPI HGCT
$WV VJGTG EQWNF DG UQ OCP[ XCTKCPVU OQFGNU QRVKQPU CPF WPEGTVCKPV[ 1PG ECP PQV JQYGXGT VCMG C UQNCEG
YJKEJ GZKUVU YKVJ TGURGEV VQ GCEJ QH VJGUG GNGOGPVU VQ KV VJCV VJKU KU FWG VQ %QXKF VJKU RCPFGOKE 6JG
G I YCTGJQWUKPI UC[ FKUVTKDWVKQP YCTGJQWUGU XU UQEKCN FKUVCPEKPI KU GZRGEVGF VQ TGOCKP CPF YG CTG
KPVGTOGFKCT[ YCTGJQWUGU HTGKIJV HQTYCTFKPI KP VGTOU QH TGSWKTGF VQ CFCRV VQ VJG EJCPIKPI GPXKTQPOGPV CPF
TCKN TQCF UJKRRKPI OWNVKOQFCN CPF FGNKXGT[ KP VGTOU QH UVTCVGIK\G VQ OCMG QWT NQIKUVKEU UWRRN[ EJCKP OQTG
ſTUV OKNG NCUV OKNG DTGCM DWNM GVE 6JGTG CTG XCTKQWU CIKNG TGUKNKGPV CPF EWUVQOGT EGPVTKE #PF KV KU PQV %QXKF
QVJGT KORQTVCPV CURGEVU QH NQIKUVKEU NKMG NGCF FKUVCPEG CNQPG DWV VJGTG EQWNF DG CP[ QVJGT UKOKNCT ETKUKU NKMG
CPF VKOG QTFGT GZGEWVKQP VKOG QTFGT FGNKXGT[ VKOG ſPCPEKCN QT GEQPQOKE PCVWTCN FKUCUVGT ECNCOKV[ NKMG
VWTPCTQWPF VKOG 6#6 ſNN TCVG GVE OCP[ UGTXKEG NGXGN HQTGUV ſTGU GCTVJSWCMG VUWPCOK IGQ RQNKVKECN EQPƀKEVU
FGNKXGTCDNGU YJKEJ ENGCTN[ FKHHGTGPVKCVGU VJG CIKNKV[ CPF IGQITCRJKECN DCTTKGT NKMG ENQUGF DQTFGTU GVE YJKEJ
TGUKNKGPEG QH C UWRRN[ EJCKP YKVJKP CP QTICPK\CVKQP 6JG OKIJV CNUQ KORGFG VJG GHſEKGPE[ GHHGEVKXGPGUU QH
RTKOCT[ QDLGEVKXG QH UWRRN[ EJCKP NQIKUVKEU CU TGKVGTCVGF NQIKUVKEU UWRRN[ EJCKP CV CP[ IKXGP RQKPV QH VKOG +V KU
GCTNKGT KU VYQHQNF G I XCNWG ETGCVKQP CPF EQUV TGFWEVKQP RTWFGPV VJGTGHQTG VQ GODGF VJG FWG TKUM CUUGUUOGPV
VQ EQPVTKDWVG VQ VJG QTICPK\CVKQPUŏ DQVVQO NKPG CPF CPF OKVKICVKQP RNCP KP VJG QTICPK\CVKQPŏU NQIKUVKEU UWRRN[
JGPEG EQUVU NKMG YCTGJQWUKPI EQUVU KPXGPVQT[ ECTT[KPI EJCKP UVTCVGI[ VQ TGOCKP UVGCFHCUV KP KVU UGTXKEG FGNKXGT[
EQUVU VTCPURQTVCVKQP EQUVU GVE CNUQ DGEQOGU C OCLQT CPF EWUVQOGT UCVKUHCEVKQP
FTKXGT QH EQORGVKVKXGPGUU CPF UWUVCKPCDKNKV[
6JG (KIWTG CU IKXGP DGNQY FGUETKDGU VJG YJCV YJ[
0QY DGHQTG FGNXKPI HWTVJGT FGGR KP VQ VJG JQNKUVKE NQIKUVKEU CPF JQY KORCEV QH VJG EWTTGPV ETKUKU YJKEJ EQWNF DG CP
UQNWVKQPU VQ FTKXG EQORGVKVKXGPGUU YKVJKP VJG KPFWUVT[ G[G QRGPGT HQT WU IQKPI HQTYCTF
NGV WU WPFGTUVCPF VJG PCVWTG CPF VJG EJCNNGPIGU QH
EQOOQFKVKGU VTCPUEGPFKPI KP VQ RTQFWEVU NKMG EGOGPV 6JG VTCFKVKQPCN KORCEV QH CP[ UWEJ ETKUKU OCLQT QT OKPQT
CPF UVGGN %GOGPV KU JKIJ XQNWOG NGUU XCNWG RTQFWEV KU OQUVN[ YKVJ TGURGEV VQ EQUV VKOG UCHGV[ UGTXKEG NGXGN
YJGTGCU UVGGN KU JKIJ XQNWOG CPF JKIJ XCNWG RTQFWEV EQORCP[ RQNKE[ GVE YJKEJ CTG KPVTKPUKE CPF HCEVQTU NKMG
EQORCTGF VQ EGOGPV CNVJQWIJ KP NQIKUVKEU RCTNCPEG EQORGVKVKQP IQXGTPOGPV RQNKE[ TGIWNCVKQP VTCFG
DQVJ HCNNU WPFGT VJG DWNM JGCX[ ECTIQ ECVGIQT[ YJGTG RQNKEKGU DKNCVGTCN CITGGOGPVU HWGN EQUV KPVGTGUV TCVGU
VTCPURQTVCVKQP CPF JCPFNKPI QHVGP OCMGU C FKUVKPEVKXG GVE YJKEJ CTG GZVTKPUKE VQ VJG QTICPK\CVKQP #U CICKPUV
FKHHGTGPEG KP VGTOU QH EWUVQOGT UGTXKEGCDKNKV[ CPF VJKU VTCFKVKQPCN KORCEV VJG MG[ KORCEVU YJKEJ C RCPFGOKE
experience. Both these products are characteristically NKMG VJKU DTKPIU HQTVJ KU OCUUKXG FKUTWRVKQPU KP VJG UWRRN[
NQIKUVKEU FTKXGP UKPEG QHVGP VJG RNCPVU CTG UGV WR ENQUGT EJCKP NQIKUVKEU YJKEJ GKVJGT OCMGU KV WPTGURQPUKXG QT
VQ VJG OCTMGV CPF UKPEG VJG EWUVQOGTU FQ PQV YCPV VQ OC[ DTKPI KV VQ C UETGGEJKPI JCNV CPF CNUQ KPETGCUGU
EQOOWVG DG[QPF VJGKT NQECNKV[ VQ HGVEJ VJG KVGOU 6JKU FGOCPF CPF UWRRN[ XCTKCDKNKV[ CETQUU VJG UWRRN[ EJCKP
KU C XGT[ KORQTVCPV CURGEV VQ DG TGOGODGTGF YJKNG CU YG OQXG HWTVJGT HTQO EWUVQOGT VQ UWRRNKGT YJKEJ KU
FGUKIPKPI CPF FGXGNQRKPI CP GHHGEVKXG CPF JQNKUVKE MPQYP CU DWNNYJKR GHHGEVU 0QY DQVJ VJGUG KPVTKPUKE CPF
UWRRN[ EJCKP NQIKUVKEU UVTCVGI[ QH CP QTICPK\CVKQP GZVTKPUKE HCEVQTU JQNF IQQF HQT UVGGN CPF EGOGPV CPF
YJKEJ KU MG[ VQ DQVJ UWTXKXCN CPF UWUVGPCPEG 0QY KH QPG UWEJ INCTKPI GZCORNG KU VJCV FWTKPI VJKU RCPFGOKE
YG VCNM CDQWV VJG EJCNNGPIGU VJG OCLQT QPGU CTG KP steel exports to China has gone up as the Chinese
VGTOU QH NQIKUVKEU KPHTCUVTWEVWTG DQVJYCTGJQWUKPI OCPWHCEVWTKPI QH UVGGN IQV KORCEVGF 6JG EGOGPV KP
VTCPURQTVCVKQP CPF FGNKXGT[ UKPEG EGOGPV KU RTQPG VWTP KU OQUVN[ FQOGUVKE FGOCPF FTKXGP CPF YKVPGUUGF C
VQ YCTGJQWUG UJGNH NKHG FGVGTKQTCVKQP CPF UVGGN KU CNUQ greater variability during the current crisis and also the
RTQPG VQ TWUVKPI +V CNUQ TGSWKTGU UQOG EWUVQOK\CVKQP NQIKUVKEU KORCEV KP VTCPURQTVCVKQP FWG VQ NQEM FQYP HGCT
KP VGTOU QH EWVVKPI CPF DGPFKPI CPF EQKNKPI DGHQTG KV KU WPEGTVCKPV[ UQEKCN FKUVCPEKPI JGCNVJECTG UCHGV[

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