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Centre for Monitoring Indian Economy Bullish on Indian Steel Sector
BANGALORE, INDIA--April 22, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--According to a report recently published by the Centre for Monitoring Indian Economy (Mumbai), the country's leading economic research company, India will see a surge in demand for steel in the present fiscal year, 2009-10, but the price of steel in the country will continue to remain weak. The domestic price of steel will not increase because of the fall in input prices.
Companies featured: Ispat Industries Limited (BSE:500305), JSW Steel Limited (BSE:500228), Steel Authority of India Limited (BSE:500113), ArcelorMittal (NYSE:MT), Morgan Stanley (NYSE:MS)
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Industry Segment: Metals & Minerals
Word Count: 673 Words
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