22
Oct
07:55
JSW Steel posts record profit, foresees construction revival
JSW Steel says Indian business sentiment is improving, with construction and infrastructure activity expected to gain momentum in the second fiscal half-year. The real estate market, subdued for years, is also showing revival signs. However, automotive production is hampered by chip shortages.
The Indian producer’s crude steel production grew 6% on-year to 4.1 million tonnes in the fiscal quarter ended 30 September. Average capacity utilisation was noted at …
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Anonymous
Very good overview of the weekly steel market.
Anonymous