Just as background info: Corus and its parent are doing it very hard and Tata have had their credit rating downgraded.
http://asia.news.yahoo.com/ap/20090608/tbs-as-india-tata-steel-e285837.html
This is not necessarily bad news for the solar sheeting project as Corus would need to focus on products that give them an advantage and better profit margins. If the solar sheeting project is starting to look the goods then expect Corus to throw their full weight behind the acceleration of the project. There is strong evidence that major advancements tend to happen when times are particularly challenging.
But what it does probably mean is that Corus will not show much patience if the project starts to underperform.
Seeing how there are other muck producers around and other steel companies that are struggling I would expect that Corus and Dyesol will play things fairly close to their chests until they are nearing the time to start ramping up production.
- Forums
- ASX - By Stock
- GSL
- Ann: Steel Products Another Step Closer
Ann: Steel Products Another Step Closer , page-8
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)