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08 Feb
13:52

Tata sees Indian prices rebounding on better demand

Improved domestic demand and regional market sentiment should see Indian steel prices rebound in the March quarter, says Tata Steel. Regional prices should pick up thanks to stronger demand in China following the Lunar New Year holiday. In India steel demand is being aided by segments like pre-engineered buildings (PEB), general engineering, railways, and government-supported infrastructure. The automotive sector is also slowly recovering. The liquidity sit…
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