26
Apr
15:05
Tata foresees China rebound, increased costs raising prices
Tata Steel expects global steel demand to recover gradually, mainly driven by improving real estate demand conditions in China, but uncertainty over the trade environment is still a risk. The conclusion of general elections and improvement in liquidity is foreseen boosting Indian demand.
Iron ore prices are expected to remain elevated in the near term. The China demand pick-up and cost push are expected to further drive up steel prices, Tata says in a report see…
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Anonymous
Very good overview of the weekly steel market.
Anonymous