28
Oct
07:44
India's Good Luck sees state infrastructure push boosting demand
Indian pipemaker and cold roller Good Luck Steel Tubes (GLST) sees government impetus behind solar energy, railway and infrastructure projects supporting its growth plan. Emphasis on the ‘Make in India’ and ‘Smart Cities’ campaigns, as well as the Auto Mission Plan 2016-26 will also aid the firm.
Net sales in the six months through September, or first half of fiscal year 2016, declined -9.3% on-year to INR 514.36 crore ($79 million) …
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Anonymous
Very good overview of the weekly steel market.
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