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14 Feb
08:21

India’s infrastructure investment to boost steel consumption: SAIL

The challenging global situation and economic scenario has impacted steel prices, affecting the margins of steelmakers. However, with the Indian government’s focus on enhancing capital expenditure in the infrastructure sector, domestic steel consumption is expected to rise in the short-to-medium term, says Steel Authority of India (SAIL). SAIL’s crude steel production increased 4% on-year to 4.71 million tonnes in the December quarter against 4.53mt pr…
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