26
Jul
15:55
JSW Steel reiterates trade defence call, sales surge
JSW Steel has reiterated its calls for Indian trade defence measures after it says it witnessed the diversion of steel to India blocked by Section 232 in the US and EU safeguard measures. The Indian steel demand growth outlook remains positive, but higher oil prices, surging inflation, tight liquidity conditions and likely interest rate hikes pose a risk.
Indian steel demand grew 9.2% on-year in the first fiscal quarter through June (FQ1), but imports also …
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Anonymous
Very good overview of the weekly steel market.
Anonymous