Tag: India: JSW stops alloy steel bookings for Apr deliveries; proposal to shift to quarterly auto contracts

JSW Steel has stopped all fresh booking of alloy long steel for April deliveries, SteelMint learnt from reliable sources. “In view of the volatile market situation, it has been decided to stop all fresh bookings of Apr’22 delivery till further instruction,” the steel major’s alloy steel division is learn to have indicated yesterday. The reason…