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Slowdown in steel sector imminent: Sajjan Jindal

PUBLISHED ON: June 6, 2008 | Duration: 2 min, 21 sec

   
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Steel is losing its sheen and Sajjan Jindal, Vice-Chairman and Managing Director of JSW Steel, has sounded the alarm bells saying a slowdown in steel is imminent. It is the low offtakes from auto, construction, engineering and white goods companies that is pulling down demand for the core metal, as high cost of inputs is jacking up the price of steel.
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