Ispat focuses on European and West Asian markets

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.