ICRA Revises Steel Industry Outlook to Negative, Estimates Demand Fall by 20 Percent in FY21
According to official data, India consumed 100 million tonnes of steel during financial year ended March 2020. May 19, 2020 Rating agency ICRA has revised steel industry outlook to negative from stable as back-to-back extensions of lockdown is likely to result in a severe steel demand slowdown which is estimated......