Moneycontrol
Last Updated : Aug 23, 2017 03:02 PM IST | Source: CNBC-TV18

Demand picking up in metal space: Ratnamani Metals

CNBC-TV18's Nigel D'souza caught up with Manoj Sanghvi of Ratnamani Metals on the side-lines of Centrum conference. He asked him does he see demand picking up and the impact of goods and services tax (GST) in the metal space going forward.

CNBC-TV18's Nigel D'souza caught up with Manoj Sanghvi of Ratnamani Metals and Tubes on the side-lines of Centrum conference. He asked him does he see demand picking up and the impact of goods and services tax (GST) in the metal space going forward.

Demand is picking up, order book is close to Rs 2,100 crore of which roughly Rs 300 crore is of stainless steel orders and Rs 1,800 crore is of carbon steel pipes, he said.

Orders got delayed because of GST and were received post GST, he added.

Watch accompanying video for more...
First Published on Aug 23, 2017 03:02 pm
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