19
Jan
14:23
Indian steel sector seen deleveraging to 2018
After the construction sector, metals and mining is the sector in India that will see most deleveraging between the fiscal year through March 2016 (FY16) and FY18, according to Fitch.
The reduction in leverage for metals and mining from 6.9x in FY16 to 3.0x in FY18 is largely driven by strong Ebitda growth. “This is the only sector where Ebitda is forecast to more than double over the period based on market expectations for JSW Steel (JSTL) and Tata Steel …
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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