07
Nov
17:20
Welspun foresees reduced margins, continued strong Indian demand
Welspun says its high margins in the fiscal half-year through September may not be sustained as they were driven by niche orders. Demand is seen continuing to be strong in India’s domestic pipe market thanks to water projects across the country and the expansion of the national gas grid.
In the Middle East and North Africa, while oil & gas segment demand is yet to improve, water segment demand is picking up, “… providing strong business vi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous