07
Aug
13:36
Pent-up demand release seen driving Indian steel recovery
The release of steel demand that was pent-up in the second quarter due to the nationwide lockdown from end-March is driving a recovery in India’s steel market, according to panellists on a recent SteelMint webinar.
Indian steel demand is expected to contract -18-20% on-year in the Indian fiscal year through March 2021 to around 80-83 million tonnes, having already lost 16mt in the first four months of this fiscal year, said JSW Steel EVP sales and marketing …
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Anonymous
Very good overview of the weekly steel market.
Anonymous