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Are high Indian steel prices an outcome of supply shock or is a demand revival a reality?
Manage episode 279056543 series 2641801
With India’s domestic steel prices touching decade high numbers, steelmakers have exited the export markets for good. However, scarcity of supply remains a concern as demand recovery across sectors resurfaces after a long period of subdued activity. The market remains cautious about the sustainability of high prices amid the possibility of recurring COVID-19 waves and domestic iron ore shortages. Will India’s domestic market continue showing strength in the near term and break further records? S&P Global Platts Asian Steel Markets Editor Ashima Tyagi discusses these issues and more with Head of APAC Metal Insights Paul Bartholomew.
Learn more: Platts Steel Data and Analysis
589 つのエピソード
Manage episode 279056543 series 2641801
With India’s domestic steel prices touching decade high numbers, steelmakers have exited the export markets for good. However, scarcity of supply remains a concern as demand recovery across sectors resurfaces after a long period of subdued activity. The market remains cautious about the sustainability of high prices amid the possibility of recurring COVID-19 waves and domestic iron ore shortages. Will India’s domestic market continue showing strength in the near term and break further records? S&P Global Platts Asian Steel Markets Editor Ashima Tyagi discusses these issues and more with Head of APAC Metal Insights Paul Bartholomew.
Learn more: Platts Steel Data and Analysis
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