14
Nov
16:40
JSPL sees demand outstripping supply, Angul lifts sales
Indian steel demand growth is expected to remain robust, outstripping new capacity additions, thanks to government infrastructure spending and growing housing demand in smaller towns and villages. This is according to Jindal Steel & Power (JSPL).
However, there is concern over tight financial sector liquidity, while long products should fare better than flats due to a possible fall in private consumption on liquidity concerns.
“The winter cuts on th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous