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07 Jan
16:01

Indian demand improves, mills to increase production: Ind-Ra

Indian domestic steel demand showed improvement signs in the December quarter and could pick up further in the March quarter, thereby lifting sales prices. However, demand in the second half of the fiscal year through March 2020 (FY20) will not return to full-FY19 levels, says India Ratings and Research (Ind-Ra). The long steel demand recovery was slightly delayed following the conclusion of the monsoon season due to the ban on construction activities to address p…
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