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21 Apr
13:59

Robust pricing, capacity increase drives Indian exports: Crisil

Indian steel exports should grow in the first half of the fiscal year through March 2022 (FY22) given higher realisations and new capacities coming on stream, says credit rating agency Crisil. Global steel demand was lifted in the March quarter by healthy demand in China, the low-base effect of the January-March 2020 quarter, and small steps towards decarbonisation that are impacting supply. Iron ore supply hiccups at mines in Brazil and Australia also provided su…
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