Ispat focuses on European and West Asian markets
Recent market news reveals that, Indian steel producer Ispat Industries has started to focus on European and West Asian markets for exports due to decrease in steel prices in
China. Moreover, demand and prices are higher in
Europe and West Asia.
An official from Ispat stated that, prices in
China are $100 lower than international prices and they witness fairly strong demand from
Italy and
Spain with higher price levels.