India: Payment delays irks Flat Steel Traders

Trading volumes in flat steel products have been at all time low. But, delay in settlement of payments is a new set of concern haunting many flat steel traders in India.


Robust rupee may lower steel prices this April

Steel prices are expected to drop marginally in April with the rupee appreciating, the Chinese currency falling and weak international prices creating a downward pull. However, since input prices too have dipped in the past month, margins of top steel companies are not likely to suffer much, according to metal sector analysts. – See more at: