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23 Oct
07:24

India remains bright spot for steel: JSW

Amid a dwindling global economy, India remains a bright spot for steel, with healthy economic momentum driven by both manufacturing and services, JSW Steel says. “The government’s thrust on infrastructure [with infrastructure spending increasing 48% on-year in April-August] and positive consumer sentiment are driving investments,” the Indian steel major observes in a note seen by Kallanish. “Strong traction in infrastructure, energy transit…
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