11
Sep
11:56
Weak market curbs ISL utilisation but exports surge
International Steels Limited (ISL) says its expanded capacity will help it recapture its market share in the local and international markets post-Covid-19 pandemic, and be “…instrumental” in import substitution. The firm’s saleable production fell -26% on-year in the fiscal year through June 2020 (FY20) to 412,000 tonnes.
The firm doubled cold rolled coil capacity to 1 million tonnes/year in mid-2018. However, the additional capability cou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous