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Steel - Large

Steel - Large

India is currently the 5th largest steel producing nation in the world with production of over 53 million tonne (MT). Steel production has grown at a compounded rate of 9% during the period FY03 to FY08.However, there is low per capita consumption of steel of around 46 kgs as against 200 kgs of the world. The Indian steel sector has key advantages of domesti... more »

UPDATES

June 22 2015, 17:10

'Higher import duty to ease pressure on steel prices'

Higher import duty on flat and long steel products will help in reducing pressure on domestic prices...

ADVICE

June 29 2015, 14:37

Sell Tata Steel, target Rs 260: Pritesh Mehta

Pritesh Mehta of IIFL recommends selling Tata Steel as the stock may test Rs 260.

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