Profit

'Steel prices, demand would be sluggish'

PUBLISHED ON: February 2, 2010 | Duration: 11 min, 10 sec

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Seshagiri Rao, group CFO and JMD at JSW Steel, said, "It is mainly on account of large capacity shut down, as and when there is a slight recovery e are seeing supply coming back into the market and that is putting pressure on prices."
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