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30 Jun
09:09

JSW continues expansion plans amid duty ‘short-term headwind’

The recent duty imposition on steel exports is not going to impact JSW Steel’s growth plan as the firm believes the duties are only a short-term measure to control inflation. “We view the export duties imposed on steel in May 2022 as a short-term headwind, since they have been imposed with the objective of controlling inflation,” says JSW chairman Sajjan Jindal. “We continue to engage with the government on this matter and believe that the …
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