Author: Lalita

  • Singapore’s steel use, foreign trade hit by COVID-19

    Singapore’s steel use, foreign trade hit by COVID-19

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    Singapore’s apparent steel consumption plunged by 31% on year in 2020 as major steel using sectors including construction and transport engineering were hit hard by the COVID-19 pandemic, according to Eugene Ng, head of Strategy and Business Development of NatSteel Holdings. Steel foreign trade in this important trading hub also slowed significantly as the virus…