19
Sep
14:59
Indian consumption seen accelerating, but production still faster
Indian steel consumption growth is likely to improve in the third fiscal quarter through December after a sluggish September quarter owing to the monsoon, but it remains outpaced by production growth, according to ICRA. Indian steel exports remain robust and supportive of production.
India’s automotive sector remains a key driver of steel demand, with 10% on-year growth in the five months through August. ICRA expects automotive to continue supporting steel…
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Anonymous
Very good overview of the weekly steel market.
Anonymous