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Seaborne coking coal prices surprisingly rose during the first quarter of this year in contrast to most commodities but the past three weeks have erased these gains, with Covid-19 slashing demand in major consumer regions Europe and India .
News ID: 9116    Publish Date : 2020/04/13

India n LPG demand in March increased by 2pc from a year earlier but fell short of a record high in January. LPG was the only fuel to show growth last month amid the Covid-19 outbreak that closed businesses and barred people from leaving homes under a 21-day nationwide lockdown from 25 March.
News ID: 9096    Publish Date : 2020/04/09

India 's eastern state of Odisha has become the first jurisdiction to extend its Covid-19 lockdown beyond the scheduled nationwide end date of 14 April.
News ID: 9093    Publish Date : 2020/04/09

India 's reform plans to allow commercial coal mining have run into fresh delays as the government focuses on containing the Covid-19 pandemic.
News ID: 9073    Publish Date : 2020/04/08

India 's demand in March for diesel fell by around 26pc, gasoline dropped by 18pc and jet fuel was down by 32pc from a year earlier, according to industry data from state-controlled companies but excluding private-sector refiners. Anecdotal data from retail outlets shows demand for transport fuel has fallen by 70pc since a 21-day nationwide lockdown from 25 March was brought in to combat the country's coronavirus outbreak.
News ID: 9059    Publish Date : 2020/04/07

India n state-controlled refiner MRPL has issued an export tender offering 7,000t of polypropylene (PP) grades.
News ID: 9047    Publish Date : 2020/04/06

India n state-controlled refiners have slashed jet fuel prices by 29pc this month after cutting them by 22pc in March as the coronavirus outbreak restricts demand for air travel.
News ID: 9046    Publish Date : 2020/04/06

State-controlled mining firm Coal India 's (CIL) ambitious output growth plans face a review after recording its first fiscal year-on-year drop in output in around 20 years, with the demand outlook equally clouded because of the impact of the coronavirus pandemic.
News ID: 9028    Publish Date : 2020/04/02

Steel Authority of India Limited (SAIL) conducted an auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 20 Feb’20. The auction fetched better response in terms of allotted quantity against the last auction conducted on 12 Feb’20. Bids remained similar to previous auction.
News ID: 9001    Publish Date : 2020/02/21

India n Ferro Silicon prices remain stable amid short supply situation in Bhutan and Guwahati. Meanwhile, the supply of raw materials is still a concern for the producer. the Ferro Silicon smelters are almost booked for the month.
News ID: 8999    Publish Date : 2020/02/21

India 's state-controlled Bharat Petroleum (BPCL) has reduced operating rates at its refinery-linked petrochemical units in Kochi and Mumbai because of the nationwide lockdown imposed to curb the spread of coronavirus.
News ID: 8988    Publish Date : 2020/03/31

India n petrochemical producers are facing a tough start to the country's new financial year, as a nationwide lockdown to curb the spread of coronavirus slashes sales and limits distribution.
News ID: 8985    Publish Date : 2020/03/31

India is taking steps to ensure uninterrupted power supplies as the nationwide coronavirus-related lockdown starts to pile more pressure on cash-strapped electricity distributors.
News ID: 8959    Publish Date : 2020/03/30

Steel Authority of India Ltd (SAIL) conducted auction for around 1,800 MT steel grade pig iron today from its Rourkela steel plant (RSP). The auction witnessed active participation over reduction in base price by INR 700/MT (USD 10).
News ID: 8879    Publish Date : 2020/03/07

India 's nationwide lockdown is shaking the coal market after it triggered force majeure declarations by a string of ports, consumers and traders over the past two days. This is starting to encourage the diversion of cargoes earmarked for India to China and southeast Asia.
News ID: 8871    Publish Date : 2020/03/26

At least three India -based petrochemical producers have declared or intend to declare force majeure on supplies, after the India n government announced a complete lockdown from midnight today for 21 days.
News ID: 8866    Publish Date : 2020/03/25

Coal stocks at state-controlled producer Coal India (CIL) are expected to rise further amid a 21-day lockdown in the country to curb the coronavirus outbreak, which could weigh on the company's future production plans.
News ID: 8857    Publish Date : 2020/03/25

India 's 21-day lockdown from today to combat its coronavirus outbreak has forced many of its iron ore exporters to declare force majeure, cutting supplies of lower cost iron ore fines just when Chinese steel mills were turning to them to preserve margins.
News ID: 8856    Publish Date : 2020/03/25

Several sponge iron mills in India , the world's biggest producer of the material, have shut operations as the country intensifies efforts to contain the coronavirus outbreak.
News ID: 8842    Publish Date : 2020/03/24

Price gap in India n long steel products of large and medium/small scale mills widened further as offers through the secondary mills dropped rigorously due to dull demand. Thus the re-rollers increased trade discounts to ease selling pressure.
News ID: 8821    Publish Date : 2020/03/14

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