26
Jul
12:54
Second-half spreads will recover, India infrastructure accelerate: JSW
Mills’ disciplined response to rising costs coupled with iron ore supply recovery should help widen global steel spreads in the second half of 2019, JSW Steel says. This follows spread contraction in H1 owing to reduced demand and steel pricing, in addition to elevated iron ore prices on supply disruptions, Kallanish notes.
India continues to be the bright spot, with the highest growth rate among major steel-consuming counties. This has, however, made it a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous