28
Mar
13:55
Indian consumption accelerates further, but imports rebound
Indian apparent finished steel consumption growth accelerated still further in February, but exports declined for a second consecutive month and imports rebounded.
According to an Indian Joint Plant Committee (JPC) report seen by Kallanish, apparent consumption rose 7.4% on-year in February to 7.9 million tonnes. This was the highest growth rate since September 2016 and meant demand easily outpaced production for a third straight month. Imports rebounded 3.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous