30
Sep
21:37
RINL margins hit by extreme growth in China longs imports
Government of India-owned steelmaker Rashtriya Ispat Nigam Ltd (RINL) has disclosed that company performance was severely undermined in its 2014-15 financial year by imports of steel from China.
Chairman Shri P Madhusudan said at the company’s annual general meeting in Visakhapatnam that Chinese long product imports had impacted product price realisations for RINL. Longs imports from China had increased by 202% the chairman said. “RINL being an exclu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous