12
Feb
14:52
Indian consumption accelerates further, exports slump in January
Indian apparent finished steel consumption accelerated further in January and imports slumped for a second consecutive month; however, exports also declined.
According to an Indian Joint Plant Committee (JPC) report seen by Kallanish, apparent consumption rose 6.8% on-year in January to 7.63 million tonnes. This was the highest growth rate since September 2016 and meant demand easily outpaced production for a second straight month. Imports fell -44.5% to 33…
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Anonymous
Very good overview of the weekly steel market.
Anonymous