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Not everything in a bear market
needs to be a bad thing. For some it’s an excellent opportunity to enter the
stock markets especially those who have seen the Sensex scale the heights that
it had during the last few years and had desperately wished to be a part of.
The Steel Industry across the
world is in a dilemma. Estimates show that the demand for steel has gone down
not because there is no need for it but rather because the feeder element of
the steel industry has been capped. As an industry, steel sales are directly
influenced by companies which require it for their purposes. When these
companies as part of an industry are themselves experiencing a tough time, then
they put projects on hold. It’s this that the steel industry has recognized as
the fundamental reason it’s started to experience a downturn.