06
May
11:27
Tata anticipates Covid-19 resurgence hampering Indian demand recovery
Tata Steel says reimposed restrictions amid a Covid-19 infection surge in India, and policy support tapering could hamper domestic steel demand, but export markets offer attractive opportunities. Steel prices should remain buoyant amid strong demand recovery, pollution-control-driven production curbs in China, and elevated raw material prices.
Tata Steel’s deliveries in India were up 16% on-year in the fourth fiscal quarter through March to 4.67 million tonn…
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Anonymous
Very good overview of the weekly steel market.
Anonymous