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Steel Exports To Remain Low Amid Rising Domestic Demand, Says Rating Agency

Steel exports from the country are likely to remain low over the balance of the fourth quarter in the current financial year, due to continuing strong domestic demand and robust realisations in the economy. According to credit rating agency India Ratings and Research (Ind-Ra), the finished steel exports in January 2021 totaled 0.58 million tonnes, down six per cent month-on-month and 16 per cent year-on-year as producers focusing more on domestic sales due to robust demand. 

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