12
May
01:00
India's Good Luck Steel sees local demand pick up from October
Indian pipemaker and cold roller Good Luck Steel Tubes (GLST) expects local steel consumption to begin to improve from the second half of the current fiscal year through March 2016 (FY16). The firm’s feedstock prices are foreseen declining -3% to -5% on a weighted average basis in H1 FY16.
“The current quarter performance is encouraging and we expect to perform better with new capacity, better product mix and new product launches in H2,” co…
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Anonymous
Very good overview of the weekly steel market.
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