Moneycontrol PRO

business

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.

first published: Sep 6, 2011 02:24 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347