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21 Dec
10:44

India’s FY23 demand to rise, exports fall: Fitch

Indian domestic demand will remain elevated in the fiscal year ending 31 March 2023 (FY23), but exports are likely to decline as a result, says Fitch Ratings. “We expect the key drivers of demand for flat steel next year should be sectors such as white goods, automotive and packaging, backed by increased consumer confidence and a gradual easing of electronic chip shortages,” says Fitch. “Demand for long steel products, mainly used in construction…
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