Your Ad Here

Thursday, May 21, 2009

Demand For Steel Look Up Further :

Steel Secretary, P K Rastogi told NDTV on Tuesday, Said,

Steel consumption, which has seen a growth of 4 per cent in the last few months, is expected to get better going ahead. The steel consumption will grow by minimum 5 per cent in the year 2009-10.

Seshagiri Rao, JMD & Group CFO, JSW Steel said.

The kind of thrust the government is giving for building infrastructure, mainly social infrastructure, so that should give a boost from social and construction infrastructure which constitutes 64 per cent of the total steel demand.

0 comments:

Post a Comment

Disclaimer

Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. The blogs/posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes. Stock quotes are believed to be accurate and correctly dated, but Stockxnews does not warrant or guarantee their accuracy or date.
 
Design by SXN. Converted To Blogger Template By SXN .