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Update on Steel Industry FY21 and Outlook FY22 - Credit Rating

grow by 10-12% in FY22 to cross 100 million tonnes for the first time ever. An up-cycle in steel prices in expected to continue in FY22. Stimulus package unveiled by various countries will keep demand ... desire to bring down production levels in 2021 to reduce Co2 levels will be an important factor that will strengthen steel prices. Cost push ...

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