Don't see any surplus supply for Ferro products, says Prem Khandelwal, IMFA
  • WebDesk BTVI
  • Jun 06 2019

Prem Khandelwal, CFO, Indian Metals & Ferro Alloys Ltd (IMFA) discusses the decline in Ferro prices by 5-6%. He states that the stainless steel industry in India is growing at 6-7% every year. He discloses that despite slowdown in consumption, the capacity utilisation is at 100% and do not see any surplus supply for Ferro products. He also talks about the improvement in supply of coal along with drop in price.