Coronavirus Outbreak: SAIL facing order cancellations, re-scheduling due to lockdown; JSW Steel suspends manufacturing operations

SAIL faced a marginal hit to production and some of its inventory was piled up at ports, the source said, declining to be identified due to the sensitive nature of operations.

Reuters March 26, 2020 18:02:31 IST
Coronavirus Outbreak: SAIL facing order cancellations, re-scheduling due to lockdown; JSW Steel suspends manufacturing operations

New Delhi: Steel Authority Of India (SAIL) has had some of its orders cancelled due to slower handling at ports as a 21-day lockdown to prevent the spread of the coronavirus hit movement of goods, a source directly involved said on Thursday.

Coronavirus Outbreak SAIL facing order cancellations rescheduling due to lockdown JSW Steel suspends manufacturing operations

Representational image. Reuters.

SAIL, the country’s largest state-owned steel company, faced a marginal hit to production and some of its inventory was piled up at ports, the source said, declining to be identified due to the sensitive nature of operations.

Most steel companies have faced similar disruptions and have suspended operations at some of their plants.

People queued in some Indian cities for essential items, while trucks were stranded at state borders and public transport was suspended two days after Prime Minister Narendra Modi ordered the 21-day lockdown to protect a population of 1.3 billion.

On Wednesday, JSW Steel Ltd said manufacturing operations in all of its locations have since been either scaled down or suspended.

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