Steel demand

India’s steel demand indicators giving mixed signals: Analysts

NEW DELHI: Even as analysts are upbeat over the expected above normal monsoon and higher GDP growth, they have raised concerns over the slow pace of public and private sector projects and funding constraints, which they feel can have an adverse impact on the steel demand in India. According to global ratings agency Fitch, the …

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Steel demand getting a boost from highways: Tata Steel India

In a press conference, TV Narendran, MD of Tata Steel India, told CNBC-TV18 that the activity in the highway sector is boosting steel demand and there is a demand pick-up in transmission and railways as well. Tata Steel posted its fourth quarter net loss of Rs 3,279 crore, worse than Street estimates, although its business …

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