Why iron steels collapse in india
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Overall, the fundamentals for the steel sector are likely to weaken in FY20, with the risk of softening of prices, elevated raw material prices and weak demand. ... However, Ind-Ra expects a bearish trend to prevail in iron ore prices in the coming months.
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Overall, the fundamentals for the steel sector are likely to weaken in FY20, with the risk of softening of prices, elevated raw material prices and weak demand. However, the impact of these factors could be partly off-set by favourable demand-supply balance for industry participants
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