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10 Jun
14:24

Indian steelmakers eye December-quarter rebound, export support

The majority of Indian steelmakers expect demand to contract -60-65% in the June quarter and a recovery to take place in the December quarter, according to Crisil Research. Based on a survey conducted by the credit rating agency, Indian producers are focusing on managing liquidity and cash flows in the near term. 75% of respondents indicate extending support through incentives and extended credit cycle to small- and medium-sized businesses and downstream sales cha…
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