17
Feb
06:39
India's Good Luck to boost fabrication revenue
Indian pipemaker and cold roller Good Luck Steel Tubes (GLST) hopes to complete capital expenditure in its fabricated steel structures division and start operation of new capacity there by end-March.
The firm expects this division to boost revenues by over 10% and ebitda by 20-25% thanks to railway ministry approval last December to supply steel bridge girders, and a strong order book. Moreover, “… with solar power being the top priority of the Modi…
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Anonymous
Very good overview of the weekly steel market.
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