24
Oct
12:06
JSW sales slump, foresees 5% Indian demand growth
Indian steel demand should grow 5% in the fiscal year through March 2020 (FY20) despite the domestic economy slowdown, JSW Steel says in a report seen by Kallanish. Various government measures are expected to support increased gross fixed capital formation in the medium term, while weak automotive sales should recover modestly thanks to festive season demand.
In the second fiscal quarter through September (FQ2) global steel spreads remained under pressure, drive…
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Anonymous
Very good overview of the weekly steel market.
Anonymous