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02 Nov
07:23

Indian second-fiscal-half-year consumption to pick up: Ind-Ra

On the back of government projects in the construction and infrastructure sectors, Indian steel consumption is expected to rise in the second half of the fiscal year ending 31 March 2022, says India Ratings and Research (Ind-Ra). Owing to the monsoon, higher steel prices and limited component supplies, demand from the white and yellow goods industries was weakened in the first half of the current fiscal year, Kallanish notes. Indian finished steel consumption decl…
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