01
Jun
15:56
ArcelorMittal-Sail JV to export 20% of output: reports
ArcelorMittal and Steel Authority of India (Sail) have agreed to a proposal to export a fifth of the automotive sheet they aim to produce under the planned joint venture auto steel plant in India, according to Reuters.
Most auto-sheet consumed by Indian carmakers is imported from countries such as Japan and Korea. India hopes the new JV plant will make the country more self-sufficient in auto-sheet and turn it into an exporter. It is still not clear, howeve…
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Anonymous
Very good overview of the weekly steel market.
Anonymous