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01 Mar
07:00

Ukraine war to impact Indian steel production, trade

The Russia-Ukraine war will cause a surge in crucial feedstock prices for India’s steel industry and this will, in turn, impact the cost of steel production in India, says the Indian Steel Association (ISA). "The current situation is already getting reflected in higher oil and gas prices, leading to an increased cost of energy,” ISA secretary general Alok Sahay told the Press Trust of India. “Moreover, commodity and raw material prices will …
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