13
Nov
15:20
Tata Steel hikes sales, foresees stable prices
Improving steel demand coupled with a depreciating rupee and rangebound raw material prices should keep Indian steel prices stable in the near term, according to Tata Steel. Continued government infrastructure spending is expected to support demand, as will healthy automotive and white goods sector activity. However, stressed government finances weigh on the outlook.
The phase 2 expansion of Tata’s Kalinganagar steelworks’ capacity by 5 million tonne…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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