17
Oct
15:10
Indian demand growth shrugs off demonetisation, GST
The World Steel Association (worldsteel) says Indian steel demand will “…move back to a higher growth track” as the country recovers from the twin shocks of demonetisation and goods and services tax (GST) implementation.
Indian steel demand is seen growing 7.5% on-year in 2018 to 95.4 million tonnes versus 6% growth in 2017. The 2018 figure is a revision up from worldsteel’s previous forecast in April of 4.3% growth. Demand in 2019 …
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Anonymous
Very good overview of the weekly steel market.
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