31
Jul
11:39
Indian mills' sales falling, exports less profitable: Moody's
Indian steelmakers’ sales volume will fall around -10% on-year in the fiscal year through March 2021, driven by a -3% contraction in Indian real GDP in 2020, says Moody’s.
Economic activity is seen gradually picking up from July, but downside risk remains from the possibility of second or third waves of the coronavirus.
India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018. “But ne…
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Anonymous
Very good overview of the weekly steel market.
Anonymous