Rising Chinese demand, expected supply cuts in winter and global prices rising to above anti-dumping duty levels bode well for domestic companies
While steel producers expect the market to embrace price hike, industry officials are of the view that the consumer is not ready and continuous hikes of this kind may not be sustainable
Industry says transition from existing to new lessee is not going to be as easy as anticipated
JSW sees Indian steel consumption rising by as much as 7.5 percent in the 2019 financial year