Steel oversupply to drive price correction in Q2 FY21: Ind-Ra
Mumbai (Bombay): Steel costs can fall furthermore in coming weeks as national production going to steadily rise with the easing of lock-down constraints with no corresponding rise in insist, as per India(In) Ratings & Study (Ind-Ra). As a consequence, national gross spreads per tonne — that is realisation per tonne of steel minus raw material …