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12 Dec
15:10

JSW Steel raises November production

JSW Steel reported a 7% on-year rise in India-based crude steel production in November to 2.14 million tonnes, with capacity utilisation at 90%, Kallanish notes. The firm said in October 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). JSW's domestic sales rose 8% on-year in the September quarter to 5.49mt, driven by strong domestic dem…
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