02
Mar
12:46
Higher steel prices, measured expansion seen benefiting JSW
Fitch says robust profitability from improved industry fundamentals and a measured approach to capacity expansion will enable JSW Steel to deleverage steadily over the coming years.
Chinese hot rolled coil prices are up to $650/tonne from $450/t in April 2017 due to an improved supply-demand balance and costlier raw materials. Chinese exports were down -30% on-year in 2017 and the country aims to meet its 150 million t/year capacity cut target in 2018, two years…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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