ICRA Limited · NSE:ICRA
ICRA — Fact Sheet (October 2012)
6 slides from ICRA's fact sheet, October 2012
Slide 1: Indian Steel Industry
ICRA RESEARCH SERVICES Corporate Ratings Anjan Deb Ghosh +91 22 3047 0006 aghosh@icraindia.com INDIAN STEEL INDUSTRY Contacts: Jayanta Roy +91 33 2287 6617 “Near term weakness to persist amidst demand slowdown and planned capacity additions” jayanta@icraindia.com Priyesh Ruparelia +91 22 3048 1072 p
Slide 2: Table of contents
Steel Feature – October 2012 Table of contents Executive Summary ................................................................................................................................................................................................................................. 3 India’s
Slide 3: Executive Summary
Steel Feature – October 2012 Executive Summary Surging imports amidst slowing domestic demand: After registering growth rates of 13.3% and 9.9% in FY 10 and FY 11, Indian steel consumption grew at only 5.5% during FY 12 on the back of a slowdown in demand from its key consuming industries namely con
Slide 4: Executive Summary (continued): raw material and margin outlook
Steel Feature – October 2012 iron ore availability and a weak rupee offsetting the easing of international coking coal prices, have kept the prices of raw material at relatively elevated levels, despite a fall in domestic iron ore prices in September and October 2012. This makes ICRA believe that th
Slide 5: Please contact ICRA to get a copy of the full report
Steel Feature – October 2012 Please contact ICRA to get a copy of the full report CORPORATE OFFICE CHENNAI HYDERABAD Building No. 8, 2nd Floor, Mr. Jayanta Chatterjee Mr. M.S.K. Aditya Tower A, DLF Cyber City, Phase II, Mobile: 9845022459 Mobile: 9963253777 Gurgaon 122002 Mr. D. Vinod 301, CONCOURSE
Slide 6: ICRA Limited
Steel Feature – October 2012 ICRA Limited An Associate of Moody's Investors Service CORPORATE OFFICE Building No. 8, 2nd Floor, Tower A; DLF Cyber City, Phase II; Gurgaon 122 002 Tel: +91 124 4545300; Fax: +91 124 4545350 Email: info@icraindia.com, Website: www.icra.in REGISTERED OFFICE 1105, Kailas