29
Jul
13:06
India expects steel demand, consumption to bounce back
Indian steel consumption is expected to grow dramatically in the last two quarters of the fiscal year ending 31 March 2022 (FY22).
The International Monetary Fund (IMF) expects India’s economy to grow 9.5% this year against an unprecedented 7.3% contraction last year, as a nationwide lockdown brought the nation to a standstill, Kallanish notes.
Indian crude steel production is expected to rise 8-9% on-year to 112-114 million tonnes in FY22, supported by eco…
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Anonymous
Very good overview of the weekly steel market.
Anonymous