18
Oct
10:41
Indian mills see limited China energy crisis benefit
The benefits to Indian mills of higher Chinese steel prices resulting from curbs on Chinese production and/or higher energy costs will be limited on account of high logistics costs and challenges such as container shortages. So says India Ratings & Research (Ind-Ra).
“The [environmental policy-driven] fall in China’s steel output and India’s imports of intermediate steel products would benefit Indian steel players by way of lower import …
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Anonymous
Very good overview of the weekly steel market.
Anonymous