11
Oct
13:46
Tata foresees improving spreads, exports offset weak automotive
The benefit of improving steel spreads since July on softening coking coal and iron ore prices will flow through in the next quarters, says Tata Steel. In the second fiscal quarter through September (FQ2) global apparent steel demand remained weak, as weakening economic activity and trade conflict uncertainty impacted investment decisions and trade flows.
In FQ2 India experienced weak investment sentiment and a demand slowdown as was evident in plummeting v…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous