29
Aug
16:57
Jindal SAW sees Indian project boost, Mid-East recovery
Low pipe penetration coupled with government initiatives provide Indian line pipemakers with over INR 30,000 crore ($4.25 billion) in business opportunities, according to Jindal SAW. Pipe demand is should remain firm thanks to the thrust on improving Indian water supply. Moreover, oil rising to $75/barrel should boost pipe demand from the Middle East.
Following the steel industry revival, the Indian welded pipemaker is re-examining the viability of a new steel p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous