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21 May
17:11

US-China trade tensions seen disrupting Indian steel market

Demand-supply dynamics could be disrupted in India’s domestic steel market by China guiding its exports to Emerging Markets (EMs) as a result of the rise in trade tensions between the US and China. So says India Ratings and Research (Ind-Ra). In the past, China has showcased such tendency and dumped its products at predatory rates in many markets including India, according to the credit rating agency. “A fall in Chinese exports to the US could pot…
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