01
Jul
07:46
Indian steel prices bottom, rebound expected: JSPL’s Sharma
Following a continuous drop in steel prices, Indian steel values are now expected to rebound on the back of costlier feedstock, Jindal Steel and Power managing director VR Sharma tells Press Trust of India.
"The prices have already bottomed out. There is no chance of reducing them further. There will be an upward price correction from Friday, 1 July by primary players mainly on account of higher input costs," Sharma says.
"While coal price is at IN…
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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