14
Aug
16:50
JSPL sees cost pressure easing, Indian demand recovering
Jindal Steel & Power (JSPL) says recent government initiatives to increase liquidity in the market and any measures against low-priced imports could further propel demand for Indian domestic steelmakers. The recent fall in iron ore and coking coal prices, meanwhile, could ease pressure on steel producers’ margins globally.
JSPL’s standalone sales rose 16% on-year in the first fiscal quarter through June (FQ1) to 1.51 million tonnes, boosted …
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