07
Aug
17:04
Tata foresees India demand improvement after profit slump
Tata Steel expects global steel demand to remain weak due to broader economic weakness and trade barriers. Indian demand, meanwhile, should improve in the second fiscal-half-year through March 2020 following the end of the monsoon, increase in government spending and improvement in liquidity.
Regional steel prices are expected to find support from elevated iron ore costs, while the improvement in sluggish Indian steel demand will help domestic prices gradua…
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Anonymous
Very good overview of the weekly steel market.
Anonymous