11
Nov
15:03
Trade cases, China recovery boost Indian steelmakers: Tata
The increase in tariff barriers worldwide on Chinese steel has opened up export opportunities for Indian steelmakers, thereby helping balance supply and demand in India’s domestic market, according to Tata Steel. Stronger steel demand and focus on environment in China is seen easing global excess supply.
Indian domestic demand should benefit from a pick-up in consumer discretionary spend on the back of good monsoons and the Pay Commission hike. However, su…
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Anonymous
Very good overview of the weekly steel market.
Anonymous