Steel prices correcting a bit driven by fall in demand: Seshagiri Rao, JSW Steel - Economic Times

5/10/2022 12:00:00 AM2 years 11 months ago
by ET Now
by ET Now
“Demand has gone up post-Covid because of a lot of spending by various governments. At the same time, supply had not caught up. So there is a reason why we have seen a very big increase in steel prices. These now appear to be correcting, driven by a bit of sl…
"In CY2021, the overall steel demand excluding China had gone up by $100 million tonnes," says Seshagiri Rao, Joint MD, JSW Steel, speaking to ET Now at the sidelines of the Economic Times Awards for… [+1322 chars]
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