31
Aug
01:00
Chinese steel exports 'spell disaster' for Indian steel industry, says Assocham
Chinese steel exports, which to India alone increased 232% on-year in the fiscal year through March 2015, could “…spell disaster” for India’s steel industry, says the Associated Chambers of Commerce & Industry of India (Assocham).
China’s surplus steel capacity amounts to 400 million tonnes, which is over 50% its annual demand of 741mt and four times the capacity of India, according to Assocham. Indian overall steel imports…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous