09
Feb
11:21
Welspun says minimum import price to benefit operations
Pipemaker Welspun Corp. says the recently-imposed minimum import price (MIP) system in India will be beneficial to its domestic operations due to its backward integration into plate and coil production.
Last week India imposed MIP on steel to curb low-priced imports that are putting strain on domestic steelmakers’ finances (see Kallanish 8 February). Minimum prices for inbound shipments range from $341/tonne to $752/t across various steel products. The flo…
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