08
Oct
15:07
Crescent output shrinks further, foresees billet demand rebound
Crescent Steel & Allied Products sees line pipe demand remaining subdued in the fiscal year through June 2021 (FY21) with little progress in public sector development projects. Billet sales should fare better, though, on account of construction sector improvement, driven by the government’s housing scheme.
Bare pipe and coated pipe output amounted to only 7,675 tonnes and 8,865t respectively in FY20, compared to 12,068t and 34,075t respectively a year ea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous