Expect Steel Demand to Recover: AMNS India CEO

The video discusses the impact of the pandemic on health and the steel industry, highlighting the increased demand for oxygen during the second wave. It covers the steel industry's response, including operational adjustments and the effect on demand and economic recovery. The video also analyzes global steel prices, focusing on China's production and decarbonization efforts. Finally, it outlines expansion plans in India, emphasizing the need for increased steel production to meet domestic demand.

What was a major challenge faced by the country during the second wave of the pandemic?

• Lack of vaccines

• Shortage of oxygen

• Insufficient hospital beds

• Limited testing facilities

How did the steel industry manage to maintain operations during the second wave?

• By closing some plants

• By implementing 12-hour shifts

• By reducing production

• By increasing workforce

What is crucial for India's future growth post-pandemic?

• Building more hospitals

• Reducing taxes

• Speeding up the vaccination drive

• Increasing exports

What was the percentage growth in auto sales in June compared to the previous year?

• 200%

• 118%

• 100%

• 147%

What is a significant factor affecting global steel prices?

• Increased production in Europe

• Decarbonization efforts in China

• Rising labor costs

• New trade agreements

What is the planned production capacity in Gujarat after expansion?

• 8 million tons

• 12 million tons

• 20 million tons

• 18 million tons

What is the current per capita steel consumption in India?

• 75

• 50

• 229

• 100