Steel Business Briefing

Roger Manser, Consultant, Steel Business Briefing told CNBC-TV18 that he expects a mild recovery in the Chinese economy. He also said that the steel producers in China are certainly looking to raise prices as they have been forced to reduce prices due to over production and over capacity.

Excess supply to pressure steel prices downwards: Manser

Iron ore prices have gone down 20% in the past quarter and Roger Manser of Steel Business Briefing said prices may go down slightly from the present levels and he does not see any major rise in steel prices soon.

Iron ore prices likely to fall to $120-130/t: Roger Manser

Consultant at Steel Business Briefing Roger Manser sees iron ore prices falling to USD 120-130 dollar per tonne.

Iron ore prices to trade between $135-150 per tonne: Expert

Roger Manser, consultant at Steel Business Briefing, tells CNBC-TV18 that he expects the price of coal to trade in a USD 15 per tonne range for the coming months.

Steel prices to go up in Asia, Europe: SBB

Roger Manser, Consultant to Steel Business Briefing sees steel price moving northwards in the January-June period in Asia. He also predicted slight improvement in Chinese demand for steel in the second quarter.

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.

Expert's cash in: Will companies sell steel for a steal?

The steel sector is under tremendous pressure amid concerns over a possible decline in steel prices and demand. Companies like Tata Steel, SAIL and JSW Steel are bound to face some pressure on their margins given that raw material prices remain high.