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Glut, dumping hurt
2015-10-11 18:51:52| Steel - Topix.net
The steel sector, under stress for some time, is unlikely to see a revival in the near future because of oversupply and declining demand The steel sector is expected to remain under stress in the near-term as demand in the domestic as well as the global markets continues to remain weak, with steel prices staying subdued. According to experts, while demand is seen improving from the fourth quarter of this financial year, the main worry in the sector is the global oversupply of steel, which is getting dumped in the country at a cheaper rate.
Tags: hurt
dumping
glut
Category:Materials