22
Nov
13:23
ISL hopes for 2023 improvement after tough quarter
International Steels Limited (ISL) foresees improved demand in the second half of the fiscal year through June 2023, with economic activity spurred by political stability and fiscal discipline supported by the IMF programme.
This comes after high inflation and floods depressed demand in the September quarter, leading to inventory build-up exerting pressure on finance costs.
“Strong domestic demand post Covid, coupled with low productivity growth, high globa…
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Anonymous
Very good overview of the weekly steel market.
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