According to Rajiv Goel, CFO of ISMT in FY14 witnessed a contraction in demand for seamless pipes and the company had to undergo massive price cuts on account of volume dumping by Chinese players.
In an interview with CNBC-TV18's Latha Venkatesh and Gautam Broker, Rajiv Goel, CFO of ISMT, the company with a 'buy' rating by Sharekhan, spoke about the recent happenings in this company and the road ahead.