10
Sep
09:48
India HRC prices brace for fall: Credit Suisse
Indian steel prices have fallen on the back of the drop in apparent steel demand. Prices are expected to fall further unless demand improves sharply, says brokerage Credit Suisse.
Despite a weak Covid-19-impacted base, the nation’s apparent demand fell 4% on-year in August, the first on-year demand drop this year, Kallanish learns from the report. Demand continued to fall on-month after a peak in December; however, crude steel production is rising on-year an…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous