Tag: Flat Steel exports
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Indian Steel Makers Explore Export Options Amid Low Domestic Demand
On 01 Dec’16, Indian manufacturers had raised the flat product prices by INR 3000/MT owing to higher production cost. However, domestic steel demand continues to remain lacklustre. Even the sales volume in India’s domestic steel market has fallen drastically owing to cash crunch in steel market post currency demonetization. High inventory levels, rising production and…