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Steel Sector Faces Pricing, Supply Issues; Insolvent Firms Adding To Woes | Business Standard News

by business-standard.com posted 2months ago 12 views
National Steel and Indian Steel might also be soon going before the NCLT. : With a recent background of price hikes, and insolvency issues at some producers, the steel industry faces some output issues. “Customers are lining up purchases on current requirements rather than on a long-term basis, due to (already) high prices,” Nikunj Turakhia, president of the Steel Users Federation of India (SUFI), told Business Standard.

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