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17 May
13:36

Indian steel mills seen turning to exports again

India could exploit strong global demand to increase exports while domestic demand suffers on account of the second Covid-19 pandemic wave, says Moody’s. "Strong global demand could boost exports from Indian steelmakers given relatively weaker demand from automotive and white-goods manufacturing in the current quarter,” Kaustubh Chaubal, a Moody's Vice President and Senior Credit Officer, says in a note sent to Kallanish. “Exports are th…
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