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Indian domestic steel demand is likely to see a sharp dive in the first quarter of the coming fiscal due to stalled factories and production cutbacks across major user industries like auto and construction.

Through January to March, the ferrosilicon production was around 1.27 million tons.

Chongqing Iron & Steel (Group) saw a decrease of 48.22% on profit.

Chongqing Iron & Steel (Group) saw an increase of 3.70% on revenue.