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09 Nov
12:51

JSW Steel grows October production

JSW Steel saw its Indian operations' crude steel production grow 9% on-year in October to 2.2 million tonnes, with a capacity utilisation of 95%, Kallanish notes. The firm said last month that amid a dwindling global economy, India remains a bright spot for steel, with healthy economic momentum driven by both manufacturing and services (see Kallanish passim). Festive season demand is expected to bring further growth in consumption. However, evolving geopoliti…
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