15
Jul
13:04
Tata Steel foresees improvement after June-quarter margin squeeze
Tata Steel says a decline in steel prices coupled with a sharp rise in iron ore prices due to supply disruptions squeezed producers’ margins in the first fiscal quarter through June.
Steel prices fell as global business confidence dipped sharply in recent months amid broader economic weakness and the uncertainty around the ongoing US-China trade conflict. These have adversely impacted investment decisions, capital expenditure and trade flows, Tat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous