Steel sector to weaken in FY20 due to twin impact of softer prices and high input cost

Fundamentals for the steel sector are likely to weaken in FY20 under the twin impact of softer prices and higher input costs on the back of low demand. Domestic steel companies will be impacted by muted demand from auto sector, even though government projects in affordable housing and infrastructure are expected to improve the demand … Read more Steel sector to weaken in FY20 due to twin impact of softer prices and high input cost

Sector Slowdown Could Impact Turnaround Time For Monnet Ispat: JSW Steel

JSW Steel said a weaker steel market hit by falling global demand and a local slowdown could impact the turnaround time for its newly acquired Monnet Ispat assets, but its chairman played down any substantial impact on financials. “It might be a little bit affected,” Sajjan Jindal, co-chair of India’s biggest steel company by local … Read more Sector Slowdown Could Impact Turnaround Time For Monnet Ispat: JSW Steel

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