March 26, 2020 / 1:20 PM / 4 days ago

BRIEF-India's SAIL's Capacity Utilisation Likely To Go Down During Lockdown Period

March 26 (Reuters) - Steel Authority of India Ltd:

* INTIMATION OF TEMPORARY DISRUPTION IN OPERATIONS OF COMPANY DUE TO NOVEL CORONAVIRUS (COVID-19)

* MANUFACTURING OPERATIONS IN ALL PLANTS/UNITS HAVE BEEN RATIONALIZED AS WARRANTED

* CAPACITY UTILISATION IS LIKELY TO GO DOWN DURING PERIOD OF LOCKDOWN

* OVERALL ADVERSE IMPACT ON CO’S OPERATIONS DURING LOCKDOWN, EXPECTED FINANCIAL IMPACT NOT IMMEDIATELY ASCERTAINABLE Source text for Eikon: Further company coverage:

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