10
Feb
10:57
Tata's December-quarter India shipments fall, but profitability soars
Indian steel prices should remain supported by strong international prices, robust raw material prices, and steel demand recovery in the seasonally stronger March quarter, says Tata Steel. Asian prices are seen improving after the Lunar New Year holiday.
Tata Steel’s India-based sales fell -4% on-year in the third fiscal quarter through December (FQ3) to 4.65 million tonnes as exports dropped to below 11% of overall sales. Domestic deliveries however rose 4%…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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