06
Jul
01:00
Indian steel industry 'under stress' despite good long-term outlook
India seems poised to soon become the world’s second-largest steel producing country, but the country’s steel industry is currently under financial stress, necessitating close scrutiny from creditors, according to the Reserve Bank of India (RBI).
The Indian steel industry is “…beset with many problems”, RBI says in a report seen by Kallanish. These include “inadequate” capital investments, shortage of iron ore, low-…
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