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25 Jan
13:30

Indian steel maintains rebound, feedstock shortages concern: JSPL

Indian steel demand and capacity utilisation continues to rebound each month. However, the industry is still struggling with raw materials shortages, which have been compounded by the surge in international and local iron ore prices, says Jindal Steel & Power (JSPL). The Indian steelmaker’s standalone steel sales rose 12% on-year in the December quarter to 1.87 million tonnes. Merchant pellet shipments fell -38% to 400,000t on higher internal consum…
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