Tata Steel MD Narendran on bear market in steel sector - Economic Times


6/18/2022 12:00:00 AM2 years 10 months ago
by ET Now

China wants to reduce its steel exports because it wants to reduce the carbon footprint for the steel industry in China. So, I see a far better balance in global trade over this decade than we have seen in the last decade and if China is not an aggressive exp…

What is happening in China is because of the lockdowns. Steel consumption in China also topped a bit. Production was actually quite strong and hence you saw seven million tonnes of exports in May whi… [+4839 chars]

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