Coronavirus pandemic or Covid-19 first appeared in India towards the end of January 2020 and gradually spread throughout the country. To control its growth and to keep the fatalities to the minimum, government of India imposed strict national lockdown on 25-03-2020. This brought the economy to a virtual standstill and steel consumption in the country fell to a record low of 1 million tonnes in April 2020. The lockdown restrictions were gradually lifted and by October/November 2020, restrictions concerning mining, industrial activity and logistics were mostly lifted. This helped the economy to recover and by end of Q3 FY21, many sectors have either reached or surpassed pre-pandemic levels of performance. This paper analyses the journey of Indian Steel Industry through this difficult period.
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