14
Aug
11:26
Jindal SAW foresees Indian demand growth, political risk
Jindal SAW says Indian pipe demand is expected to rise further from several oil and gas pipeline, and water distribution projects which have been announced and lined up for implementation. The risk to demand is escalating trade friction between the US and other nations, which may slow global growth and put pressure on oil prices.
The Indian pipemaker’s current order-book stands at 1.15 million tonnes versus 1.1mt at end-June 2018. Exports comprise 28% of o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous