03
Dec
00:00
Indian industrial body calls on greater bank financial support for steelmakers
The Associated Chambers of Commerce & Industry of India (Assocham) has called on Indian banks to ease credit restrictions for the country’s steelmakers and boost financing for securing coal supplies.
The industry body says the Reserve Bank of India should advise banks to extend credit for payment of penalties incurred by de-allocation of coal blocks, and for steelmakers wishing to participate in coal block bidding. This will “ensure the compe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous