21
Jan
00:00
Indian steel end-use seen growing next fiscal year, but price hikes limited
Growth in Indian steel-consuming sectors and gdp in the fiscal year through March 2016 should give a boost to the country’s steelmakers. However, global overcapacity, competition from imports and a decline in raw material prices will prevent steel prices from increasing, according to India Ratings & Research (Ind-Ra).
The agency foresees expansion in the construction, automotive and mechanical engineering industries on the back of softening interes…
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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