25
Feb
13:33
Coronavirus provides export opportunity for Indian steelmakers: Crisil
India’s steel industry has enough spare capacity to meet any shortfall in imports from China resulting from the coronavirus outbreak, credit rating agency Crisil says in a note seen by Kallanish.
In fact, India's imports from China declined in April-December 2019 by -16% on-year, following weak Indian domestic demand growth of 3.5% and a simultaneous ramp up of domestic capacities, Crisil says. The impact of the virus will primarily be on steel pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous