16
May
15:02
JSW deliveries, exports to rise this fiscal: Fitch
Owing to its recent capacity expansion by 5 million tonnes/year, JSW Steel’s deliveries grew 10% on-year in the fiscal year ended 31 March 2022 (FY22). Delivery growth is expected to sustain in FY23 on the back of robust GDP growth of 8.5% in India, coupled with higher exports, says Fitch Ratings.
According to the rating agency, Indian steelmakers have raised prices since the March quarter, to pass on higher coking coal costs, which has impacted overall dema…
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Anonymous
Very good overview of the weekly steel market.
Anonymous