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07 Nov
07:16

Duties dent cost-competitiveness of Indian stainless exporters: JSL

Despite being suppliers of high-quality products, the cost-competitiveness of Indian stainless steel manufacturers has been severely affected by the government’s decision to impose an export duty. Stainless steel exports thus plunged 60% on-year during June-August and widened the trade deficit, says Jindal Stainless (JSL) in an exchange filing seen by Kallanish. Moreover, this has disrupted the ongoing expansion plans of domestic producers and reduced the tr…
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