HomeNewsBusinessMarketsPoor consumption narrowing margins of steel cos: Expert

Poor consumption narrowing margins of steel cos: Expert

The steel sector across the globe is experiencing a slowdown in consumption. However, production continues at the same pace which creates a gap pushing steel prices down. In an exclusive interview with CNBC-TV18, Roger Manser, Consultant, Steel Business Briefing says that he expects this trend to continue till the end of the year.

September 06, 2011 / 18:21 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

The steel sector across the globe is experiencing a slowdown in consumption. However, production continues at the same pace which creates a gap pushing steel prices down. In an exclusive interview with CNBC-TV18, Roger Manser, Consultant, Steel Business Briefing says that he expects this trend to continue till the end of the year.

first published: Sep 6, 2011 02:24 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!