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06 Feb
14:04

JSW decreases sales, says India 'import magnet'

India’s impressive steel consumption growth rate has made it a “…magnet” for increased imports from steel surplus countries with whom India has a free trade agreement, such as Japan and South Korea. So says JSW Steel. Escalating trade measures and political uncertainty pose risks to global growth, it adds. In the third fiscal quarter through December 2018 (FQ3) JSW Steel’s standalone sales fell -7% on-year to 3.68 million tonnes, d…
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