'More pain for steel sector in the current quarter' – Visa Steel

Thursday, 11th August,

Raw material prices, primarily coking coal, continues to be high and the steel prices are not supporting the cost rise. Vishal Agarwal, MD of Visa Steel, a part of the Rs 5,000-crore VISA Group, tells in an interview with Business standard. The next six months will spell trouble if costs don’t come down or steel prices don’t move up. He also spoke about the road ahead for his company and its partnership with China’s Baosteel. 

Source:Business Standard


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