10
Feb
11:08
Sail sees increased demand after December-quarter sales rise
Steel Authority of India (Sail) is confident government policies in infrastructure, construction and manufacturing will generate increased steel demand. The firm is pushing increased sales of value-added products such as high-tensile plate, long rails, cold rolled coil and structural steel.
In the third fiscal quarter through December 2016 (FQ3) Sail’s steel sales rose 13% on-year to 3.27 million tonnes. Net sales rose 26% to INR 11,297 crores ($1.69 billi…
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Anonymous
Very good overview of the weekly steel market.
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