The Indian iron and astm a633 grade d equivalent Steel Association (ISA) lowered its steel demand forecast for 2020 to 5.1% from 5.1% in February this year. The figure is expected to hit a low of 7.7%. The company said in an official statement that the cu
The Indian iron and astm a633 grade d equivalent Steel Association (ISA) lowered its steel demand forecast for 2020 to 5.1% from 5.1% in February this year. The figure is expected to hit a low of 7.7%. The company said in an official statement that the current share price has fallen sharply due to the huge downside risk. "We expect India's finished steel demand to fall to about 93.7 million tons by 2020, down from 101.5 million tons in 2019." This calendar year, the astm a633 grade d equivalent decline was 7.7%, about 8 million tons. " Isa said.
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