11
Feb
15:49
Sail foresees price increase, posts record output
Steel Authority of India (Sail) expects steel prices to increase owing to rising input costs and despite cheap imports. The Indian steelmaker posted a record quarterly saleable steel output in the third fiscal quarter through December 2018 at 3.8 million tonnes, up 5% on-year.
The firm is focusing on ramping up production at all the new units it has installed under its modernisation and expansion programme, which will bring down the cost of production. Crude ste…
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Anonymous
Very good overview of the weekly steel market.
Anonymous