15
Apr
14:08
Slow Indian demand recovery seen pressuring Tata Steel
India Ratings & Research (Ind-Ra) has revised Tata Steel’s outlook to negative from stable owing to the potential impact on its financial performance of Covid-19 containment measures.
The credit rating agency expects Indian domestic demand growth to decline substantially in the near term, with the automotive, construction, engineering and real estate segments severely affected by the nationwide lockdown. These may only recover gradually in the second hal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous