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12 Dec
08:47

India eyes exports to offset weak demand: ICRA

Indian domestic steel prices will remain highly sensitive to international prices in the absence of any meaningful domestic demand pick-up in the seasonally strong fourth quarter, says credit rating agency ICRA. This comes after Indian mills raised prices moderately in November and December, despite weak demand, owing to higher international prices. Indian steel demand growth has steadily decelerated throughout the fiscal year through March 2020 (FY20),&nbs…
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