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Weakening rupee a blow for Punjab steel producers

Weakening rupee against US dollar has come as a severe blow to Punjab’s secondary steel market, with industry cutting down output by whopping 30% in the wake of rising cost of imported raw material.

September 27, 2011 / 20:23 IST
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Weakening rupee against US dollar has come as a severe blow to Punjab

first published: Sep 27, 2011 08:20 pm

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