india ratings and research

Steel prices have been continuously softening.(AP Photo)

India Ratings lowers outlook for growth in steel demand by 300 bps to 4%

By Staff Writer | livemint, New Delhi
PUBLISHED ON SEP 04, 2019 01:29 PM IST
Raw material availability and price risks may escalate in 4QFY20. Ind-Ra expects overall steel sales volumes and margins to weaken further in the ongoing quarter.
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