Domestic demand for TMT bars to normalise by Oct: Electrosteel
Electrosteel Steels Ltd. (ESL) had exported about 50% of the steel produced in March. However, the export percentage has come down to zero since June. “Q2 has been a better quarter in terms of demand and production; this is the kind of V-shaped recovery we were expecting,” Pankaj Malhan, chief executive officer of Electrosteel said.