15
Dec
13:50
Indian steelmakers enjoy record quarter: ICRA
Indian steelmakers are set to report one of their best quarterly performances for years in the third fiscal quarter through December, notwithstanding record-high iron ore prices, says ICRA. The credit rating agency has thus revised its forecast for 2020 demand, which it now sees declining -12% on-year versus the April forecast of a -23% drop.
This follows a strong post-Covid-19-lockdown recovery in the September quarter, supported by pent-up demand, strong retail …
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Anonymous
Very good overview of the weekly steel market.
Anonymous