06
Sep
15:07
Indian demand seen healthy, import duties requiring hike
India Ratings and Research (Ind-Ra) has maintained its stable outlook for steel in the fiscal year through March 2019 (FY19) thanks to healthy domestic and global demand growth, along with supply discipline. However, increasing global trade friction is seen potentially affecting steelmakers’ Ebitda by about INR 3,000/tonne ($41.7), if steel imports to India rise significantly.
“Global trade protectionism poses low-to-moderate risk to Indian steel pro…
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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