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Indian steel industry Aug performance dips, reveals JPC

ABSTRACT

The Indian steel industry’s performance slumped in Aug’21 when compared with the previous month with a fall in active trading activities across the domestic and overseas market.
In Aug’21, finished steel exports volume at 1.331 million tonnes (mn t), dipping by 12% while imports (0.396 mn t) fell by 3% against July’21, as per the recent report by Joint Plant Committee (JPC). Similarly, finished steel consumption (7.811 mn t) declined by 3% along with a 2% drop

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