05
Jul
14:06
Economic rebound to boost Indian steel demand: Fitch
Improving Indian economic activity is expected to boost power and petroleum product sales, which will in turn provide medium-term growth to support domestic demand in the steel, cement and chemical sectors, says Fitch Ratings.
However, the rating agency believes medium-term steel prices will moderate due to the industry’s demand and supply dynamics, Kallanish notes.
Rising energy prices are likely to pressure the margins of steel manufacturers, auto supplie…
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Anonymous
Very good overview of the weekly steel market.
Anonymous