Tag: May’16
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Sharp Rise in India’s Flat Steel Exports in May’16
India’s HR/plates export surged by more than 100% while CRC exports increased by 3% in May’16 against previous month. With the significant fall in global flat steel prices since latter half of 2015, exports became not-so viable for Indian manufacturers. With better sales realizations from domestic sales as compared to export market, steel players concentrated…