05
Mar
15:30
Indian prices hold despite virus-induced supply glut: Ind-Ra
India Ratings and Research (Ind-Ra) says the Covid-19 outbreak will pose near-term risks for India’s steel industry, with already modest domestic steel prices impacting mills’ operating margins. China’s steel output could outpace receding steel consumption, resulting in an inventory pile-up and pricing pressures.
China’s steel output has not seen severe cuts in the north-eastern steelmaking heartland provinces such as Hebei, Liaoning and Sh…
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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