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02 Jun
10:10

Freight issues could restrict Indian export push: Ind-Ra

Indian steel consumption will be lower on-quarter in the June quarter due to the second Covid-19 wave, but not as low as during the Covid-19-hit June-2020 quarter, says India Ratings & Research (Ind-Ra). Indian mills will offset the decline by increasing steel exports. Auto and consumer durable demand will be most impacted by the new pandemic wave. “Strong international prices and export demand would enable steel producers to increase export levels, alth…
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