25
May
13:47
JSW foresees 89% utilisation, December-quarter Indian market recovery
JSW Steel expects to operate at 89% capacity utilisation in the fiscal year through March 2021 (FY21), with sales down -5% on-year to 15 million tonnes. Indian steel exports are likely to partly mitigate Covid-19’s impact on domestic demand, with local market activity expected to gradually pick up from the December quarter, the Indian steelmaker says.
JSW Steel says imports from FTA countries South Korea, Japan and ASEAN make up 64% of overall Indian imports…
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Anonymous
Very good overview of the weekly steel market.
Anonymous