17
Apr
14:15
Indian demand to rebound slowly after June: Crisil
Indian steel demand will decline -14-17% on-year in the fiscal year through March 2021 (FY21), according to Crisil’s base case scenario. The credit rating agency says demand in the June quarter will be “… a washout” given the nationwide lockdown that has put a stop to activity in end-use sectors.
Demand recovery is likely to be only gradual as the government has reduced spending on infrastructure projects, diverting funds instead to health…
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Anonymous
Very good overview of the weekly steel market.
Anonymous