21
Sep
13:36
S&P says demand, not taxes, will support India’s steel industry
Demand revival is what will determine the profitability and development of India’s steel sector over the next three to five years, Standard & Poor’s (S&P) says in a statement seen by Kallanish. The newly imposed provisional safeguard duty on some flat products imports in the country may protect the industry for a limited time only, according to the credit ratings agency.
"Such taxes can eventually damage the Indian economy by curbing the…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous