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07 Mar
16:03

Demand growth boosts JSW, US tariff effect limited

Indian steel consumption will continue to grow 5.5-6.5% on the back of government-funded infrastructure, construction, power transmission and railway projects, as well as increased automotive sector demand. So says Moody’s. JSW Steel’s performance will continue to improve as it takes advantage of this trend with its brownfield expansion. JSW's revenues are seen showing a mid-single digit increase over the next 12-18 months, and its profitability …
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